Investing.com - Hershey Co reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hershey Co announced earnings per share of $1.49 on revenue of $2.19B. Analysts polled by Investing.com anticipated EPS of $1.43 on revenue of $2.11B.
Hershey Co shares are up 11.33% from the beginning of the year and are trading at $146.58 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.97% 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 Wednesday, January 20, 2021, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.
Mondelez had missed expectations on Thursday, January 28, 2021 with fourth quarter EPS of $0.66 on revenue of $7.3B, compared to forecast for EPS of $0.6651 on revenue of $7.16B.
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