HERSHEY, Pa. (AP) — HERSHEY, Pa. (AP) — Hershey Co. (HSY) on Thursday reported third-quarter earnings of $580.8 million.
On a per-share basis, the Hershey, Pennsylvania-based company said it had profit of $2.88. Earnings, adjusted for non-recurring gains, were $2.64 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.
The chocolate bar and candy maker posted revenue of $3.28 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $3.25 billion.
Hershey expects full-year earnings in the range of $8.58 to $8.74 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