A Look at Hershey’s Earnings Estimates for 1Q18
Analysts expect Hershey (HSY) to post adjusted earnings per share (or EPS) of $1.41 in 1Q18, which reflects year-over-year (or YoY) improvement of 7.6%. The expected earnings also reflect sequential improvement as Hershey’s EPS fell 12.0% YoY in 4Q17. Hershey’s 4Q17 bottom line took a hit from weak volumes and higher costs, and unfavorable mix provided further pressure.