Investing.com - Hershey Co reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hershey Co announced earnings per share of $1.92 on revenue of $2.30B. Analysts polled by Investing.com anticipated EPS of $1.8 on revenue of $2.11B.
Hershey Co shares are up 11% from the beginning of the year and are trading at $158.86 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 11.37% from the start of the year.
Hershey Co follows other major Consumer/Non-Cyclical sector earnings this month
Hershey Co's report follows an earnings beat by Procter&Gamble on Tuesday, April 20, 2021, who reported EPS of $1.26 on revenue of $18.11B, compared to forecasts EPS of $1.19 on revenue of $17.96B.
Coca-Cola had beat expectations on Monday, April 19, 2021 with first quarter EPS of $0.55 on revenue of $9B, compared to forecast for EPS of $0.5039 on revenue of $8.68B.
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