Group 1 - The Simply Good Foods Company (SMPL) is experiencing significant activity in the options market, particularly with the Nov 21, 2025 $40.00 Call showing high implied volatility, indicating expectations of a major price movement [1] - Implied volatility reflects market expectations for future stock movement, suggesting that investors anticipate a significant event that could lead to a substantial price change [2] - Analysts have a negative outlook on Simply Good Foods, with the company currently holding a Zacks Rank 5 (Strong Sell) in the Food - Confectionery Industry, which is in the bottom 6% of the Zacks Industry Rank [3] Group 2 - Over the past 60 days, no analysts have raised their earnings estimates for the current quarter, while three have lowered their estimates, resulting in a decrease in the Zacks Consensus Estimate from 45 cents per share to 36 cents [3] - The high implied volatility may present a trading opportunity, as options traders often seek to sell premium on options with high implied volatility, hoping that the underlying stock does not move as much as anticipated by expiration [4]

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]

分组1 - Simply Good Foods reported quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share, and down from $0.5 per share a year ago, representing an earnings surprise of -4.17% [1] - The company posted revenues of $369.04 million for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 0.83%, but down from $375.69 million year-over-year [2] - Simply Good Foods shares have lost about 36% since the beginning of the year, while the S&P 500 has gained 13.9% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $0.44 on revenues of $350.59 million, and for the current fiscal year, it is $2.03 on revenues of $1.49 billion [7] - The Zacks Industry Rank for Food - Confectionery is currently in the bottom 15% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8] 分组3 - Ahead of the earnings release, the estimate revisions trend for Simply Good Foods was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Company Performance - Hershey's stock closed at $192.58, reflecting a -1.52% change from the previous day's closing price, underperforming the S&P 500's loss of 0.28% [1] - Over the past month, Hershey's stock has increased by 5.37%, outperforming the Consumer Staples sector's decline of 3.78% and the S&P 500's gain of 4.03% [1] Upcoming Earnings - Hershey is set to announce its earnings on October 30, 2025, with an expected EPS of $1.07, which represents a decline of 54.27% from the same quarter last year [2] - The consensus estimate for quarterly revenue is $3.11 billion, indicating a growth of 4.1% compared to the previous year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.91 per share and revenue of $11.51 billion, reflecting changes of -36.93% and +2.78% respectively from the prior year [3] - Recent changes to analyst estimates for Hershey may indicate shifting business dynamics, with positive adjustments suggesting a favorable outlook on business health and profitability [3] Valuation Metrics - Hershey's current Forward P/E ratio is 33.07, which is a premium compared to the industry average Forward P/E of 22.41 [6] - The company has a PEG ratio of 4.72, higher than the average PEG ratio of 3.55 for the Food - Confectionery industry [7] Industry Context - The Food - Confectionery industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 212, placing it in the bottom 15% of over 250 industries [8] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]

Core Viewpoint - Hershey's stock performance has shown resilience in the past month, outperforming the Consumer Staples sector and the S&P 500, despite a recent decline in trading [1] Financial Performance - The upcoming earnings report for Hershey is projected to show an EPS of $1.06, reflecting a significant year-over-year decline of 54.70% [2] - Revenue is expected to reach $3.11 billion, indicating a 4.1% increase compared to the same quarter last year [2] - Full-year earnings estimates suggest earnings of $5.92 per share and revenue of $11.51 billion, representing year-over-year changes of -36.82% and +2.78%, respectively [3] Analyst Estimates - Recent changes in analyst estimates for Hershey indicate evolving short-term business trends, with positive revisions seen as a favorable sign for the business outlook [3] - The Zacks Consensus EPS estimate has decreased by 0.16% over the last 30 days, and Hershey currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Hershey's Forward P/E ratio stands at 32.67, which is higher than the industry average Forward P/E of 22.88 [6] - The company has a PEG ratio of 4.67, compared to the Food - Confectionery industry's average PEG ratio of 3.5 [6] Industry Context - The Food - Confectionery industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 103, placing it in the top 42% of over 250 industries [7] - Research indicates that industries in the top 50% of the Zacks Industry Rank outperform those in the bottom half by a factor of 2 to 1 [7]

分组1 - Hershey reported quarterly earnings of $1.21 per share, exceeding the Zacks Consensus Estimate of $1.01 per share, but down from $1.27 per share a year ago, resulting in an earnings surprise of +19.80% [1] - The company achieved revenues of $2.61 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.62%, and up from $2.07 billion year-over-year [2] - Hershey has outperformed the S&P 500, with shares increasing about 10% since the beginning of the year compared to the S&P 500's gain of 8.3% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.26 on revenues of $3.14 billion, and for the current fiscal year, it is $5.77 on revenues of $11.52 billion [7] - The Food - Confectionery industry, to which Hershey belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Company Performance - Hershey's stock closed at $187.12, reflecting a +1.75% increase from the previous day, outperforming the S&P 500's daily gain of 0.4% [1] - Over the past month, Hershey's shares gained 10.12%, significantly surpassing the Consumer Staples sector's loss of 0.48% and the S&P 500's gain of 4.61% [1] Upcoming Earnings - Hershey is set to disclose its earnings on July 30, 2025, with an expected EPS of $1.01, indicating a 20.47% decrease from the same quarter last year [2] - The consensus estimate for revenue is $2.55 billion, representing a 22.82% increase compared to the same quarter of the previous year [2] Full Year Estimates - For the full year, analysts expect earnings of $5.77 per share and revenue of $11.52 billion, reflecting changes of -38.42% and +2.88% respectively from the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Hershey are important as they indicate short-term business trends, with upward revisions suggesting positive sentiment towards the company's operations [4] Zacks Rank and Valuation - Hershey currently holds a Zacks Rank of 3 (Hold), with a recent 3.06% decline in the Zacks Consensus EPS estimate [6] - The company has a Forward P/E ratio of 31.9, which is a premium compared to its industry's Forward P/E of 24.4 [6] Industry Metrics - Hershey's PEG ratio stands at 6.93, higher than the Food - Confectionery industry's average PEG ratio of 4.96 [7] - The Food - Confectionery industry ranks in the top 41% of all industries, with a current Zacks Industry Rank of 99 [7][8]

Company Performance - Hershey's stock closed at $162.91, reflecting a -1.21% change from the previous day, underperforming the S&P 500's daily loss of 0.4% [1] - Over the past month, Hershey's shares have declined by 3.23%, compared to a loss of 1.24% in the Consumer Staples sector and a gain of 4.97% in the S&P 500 [1] Upcoming Earnings - Hershey is set to disclose its earnings on July 30, 2025, with projected earnings of $1 per share, indicating a year-over-year decline of 21.26% [2] - The Zacks Consensus Estimate for revenue is $2.52 billion, representing a 21.35% increase from the previous year [2] Full Year Estimates - For the full year, earnings are projected at $5.88 per share, reflecting a -37.25% change from the previous year, while revenue is estimated at $11.5 billion, showing a +2.64% change [3] - Recent analyst estimate revisions suggest evolving short-term business trends, with positive revisions indicating a favorable business outlook [3][4] Valuation Metrics - Hershey has a Forward P/E ratio of 28.05, which is higher than the industry average of 22.77 [6] - The current PEG ratio for Hershey is 6.09, compared to the average PEG ratio of 4.5 for Food - Confectionery stocks [7] Industry Context - The Food - Confectionery industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 213, placing it in the bottom 14% of over 250 industries [8] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Company Performance - Simply Good Foods reported quarterly earnings of $0.51 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.50 per share a year ago [1] - The company posted revenues of $380.96 million for the quarter ended May 2025, exceeding the Zacks Consensus Estimate by 0.23% and up from $334.76 million year-over-year [2] - Over the last four quarters, Simply Good Foods has surpassed consensus EPS estimates three times and has also topped consensus revenue estimates three times [1][2] Stock Outlook - Simply Good Foods shares have declined approximately 17% since the beginning of the year, contrasting with the S&P 500's gain of 6.5% [3] - The company's current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of $376.45 million, and for the current fiscal year, it is $1.94 on revenues of $1.46 billion [7] Industry Context - The Food - Confectionery industry, to which Simply Good Foods belongs, is currently ranked in the bottom 11% 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 could impact Simply Good Foods' stock performance [5]

Group 1 - The core viewpoint is that Hershey (HSY) is well-positioned to continue its earnings-beat streak in the upcoming report, supported by a history of exceeding earnings estimates [1][5] - Hershey has an average surprise of 10.38% over the past two quarters, indicating strong performance relative to expectations [1][5] - The last reported quarter showed earnings of $2.09 per share, surpassing the Zacks Consensus Estimate of $1.94 per share by 7.73% [2] Group 2 - The previous quarter's earnings were $2.69 per share against an expectation of $2.38 per share, resulting in a surprise of 13.03% [2] - There has been a favorable change in earnings estimates for Hershey, with a positive Earnings ESP of +11.13%, suggesting analysts are optimistic about its near-term earnings potential [5][8] - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) indicates a high likelihood of another earnings beat, with historical data showing nearly 70% success in similar scenarios [6][8]