Hershey Foods (HSY) is set to release its second-quarter 2015 results before the open of the trading session on Friday, August 7. Checking in on the numbers, the consensus is expecting a profit of $0.75 per share from Hershey Foods, down from $0.76 in the same quarter last year. Revenue is seen increasing 1.90% from $1.58 billion to $1.61 billion. Meanwhile, EarningsWhisper.com reports a whisper number of $0.73 per share.
As a quick reminder, Hershey Foods reported 1Q/15 EPS of $1.10, $0.07 worst than the Street’s consensus estimate. Revs came in at $1.94 billion versus the $1.96 billion consensus.
Hershey Foods stock was down $0.97 at $91.69 in midday trade, moving within a 52-week range of $87.79 to $111.35. The name, valued at $20.08 billion, opened at $92.81.
On valuation measures, Hershey Co. shares are currently priced at 24.41x this year’s forecasted earnings. Ticker has a t-12 price/sales ratio of 2.71. EPS for the same period registers at $3.76.
As for passive income investors, Hershey, Pennsylvania-based company pays stockholders $2.14 per share annually in dividends, yielding 2.40%.
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