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Hershey Q4 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Hershey Company (HSY) reported that its fourth-quarter net income increased to $149.88 million from $142.13 million last year. proifit per share was $0.66 compared to $0.62 prior year.

Adjusted net income was $169.19 million or $0.74 per share compared to $160.32 million or $0.70 per share last year. On average, 16 analysts polled by Thomson Reuters expected the company to report profit of $0.76 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales were $1.75 billion compared to $1.57 billion last year. Analysts expected revenue of $1.71 billion for the quarter.

The company expects 2013 net sales growth of 5 to 7 percent, including the impact of foreign currency exchange rates.

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