Shares of Hershey wavered Thursday as investors digested the chocolatier’s quarterly earnings report, as soaring cocoa prices cut significantly into the food company’s profits.Hershey stock fell 3.5% shortly at market open, which would have been its worst day of the year, before bouncing back to a milder 1% loss.
Hershey’s $1.27 earnings per share came well short of consensus analyst estimates of $1.44, with profits falling 37% year-over-year, and its $2.1 billion of Q2 revenues came shy of forecasts of $2.3 billion, marking a 17% year-over-year decrease.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market StrategyDiscover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant's strategy as it navigates challenges in China.
출처: DailyFX - 🏆 305. / 63 더 많은 것을 읽으십시오 »
Earnings playbook: Your guide to a busy week of earnings, including Alphabet and TeslaWall Street will get its first glimpse of Big Tech earnings this week.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Stocks making the biggest moves premarket: Hershey, Meta Platforms, Arm Holdings, Shake Shack and moreThese are the stocks posting the largest moves in premarket trading.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Microsoft Earnings: Stock Tanks As AI Business Growth Worse Than ExpectedDerek Saul is a New Jersey-based Senior Reporter on Forbes' news team. He graduated in 2021 from Duke University, where he majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper, joining Forbes soon thereafter.
출처: Forbes - 🏆 394. / 53 더 많은 것을 읽으십시오 »