Investing.com - Hershey Co reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hershey Co announced earnings per share of $2.1 on revenue of $2.36B. Analysts polled by Investing.com anticipated EPS of $2 on revenue of $2.3B.
Hershey Co shares are up 7% from the beginning of the year and are trading at $179.51 , down-from-52-week-high.They are under-performing the Dow Jones which is up 15.96% 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, October 19, 2021, who reported EPS of $1.61 on revenue of $20.34B, compared to forecasts EPS of $1.59 on revenue of $19.83B.
Coca-Cola had beat expectations on Wednesday with third quarter EPS of $0.65 on revenue of $10.04B, compared to forecast for EPS of $0.577 on revenue of $9.78B.
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