HERSHEY, Pa. (AP) — HERSHEY, Pa. (AP) — Hershey Co. (HSY) on Thursday reported third-quarter earnings of $276.3 million.
On a per-share basis, the Hershey, Pennsylvania-based company said it had profit of $1.36. Earnings, adjusted for non-recurring gains, came to $1.30 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.
The chocolate bar and candy maker posted revenue of $3.18 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $3.13 billion.
Hershey expects full-year earnings in the range of $5.90 to $6 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSY at https://www.zacks.com/ap/HSY
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