Hershey (HSY) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Hershey reported quarterly earnings of $1.3 per share, exceeding the Zacks Consensus Estimate of $1.09 per share, but down from $2.34 per share a year ago, representing an earnings surprise of +19.27% [1] - The company achieved revenues of $3.18 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.79% and up from $2.99 billion year-over-year [2] - Hershey has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The immediate price movement of Hershey's stock will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.55 on revenues of $2.98 billion, and for the current fiscal year, it is $5.95 on revenues of $11.53 billion [7] Industry Context - The Food - Confectionery industry, to which Hershey belongs, is currently ranked in the bottom 6% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Hershey's stock performance [5][6]