The Hershey Company (NYSE:HSY – Get Free Report) shares gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $145.

Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of

Hershey Co. (HSY), while reporting higher financial results for the fourth quarter, on Thursday issued fiscal 2025 outlook, expecting

The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share. The chocolate bar and candy maker posted revenue of $2.89 billion in the period, also exceeding Street forecasts.

Hershey (HSY) came out with quarterly earnings of $2.69 per share, beating the Zacks Consensus Estimate of $2.38 per share. This compares to earnings of $2.02 per share a year ago. These figures are adjusted for non-recurring items.

Hershey's quarterly profit and sales beat analysts' expectations, but the candy maker warned that surging cocoa prices will hurt its financial performance this year. Chief Executive Michele Buck sai

Hershey Co (HSY) reported its fourth-quarter earnings for 2024, surpassing analysts' expectations with an earnings per share (EPS) of 2.69, compared to the forecasted 2.38. This beat, driven by inventory valuation benefits and strategic innovations,