Categories Earnings, Retail

The Hershey Company (NYSE: HSY): Q4 2019 Earnings Snapshot

— The Hershey Company (NYSE: HSY) reported a 1.6% rise in fourth-quarter 2019 adjusted earnings to $1.28 per share, vs. $1.24 per share expected.

— GAAP net income declined 38% to $207.2 million or $0.98 per share from $336.8 million or $1.60 per share in the year-ago quarter.

— Consolidated net sales increased 4% to $2.1 billion, vs. $2.06 billion expected.

— Full-year 2020 reported net sales expected to increase in the range of 2% to 4%.

— Full-year reported earnings per share expected to be in the range of $6.04 to $6.20, up 11-14% vs. 2019.

— Full-year adjusted earnings per share estimated to be in the range of $6.13 to $6.24, an increase of 6% to 8% vs. 2019.

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Also Read:  Infographic: Highlights of Aurora Cannabis (ACB) Q4 2020 earnings report

Most Popular

What awaits Herman Miller (MLHR) beyond the home-office rush?

Herman Miller Inc. (NASDAQ: MLHR) is one of the few Wall Street firms that managed to take advantage of the opportunities created by the pandemic, after being hit by the

Cognizant’s (CTSH) buying spree in 2020

Cognizant Technology Solutions (NASDAQ: CTSH) has been on a buying spree in 2020. The portfolio of the acquisitions that Cognizant made this year is expected to help the company in

Major earnings conferences to watch for the week of Sept. 21

After registering a slow recovery in the first half of the week, the markets pared these gains on Thursday and Friday. The weakness witnessed in the latter half of the

Top