Hershey Co.  (HSY - Get Report) is expected to report net income of $246.6 million, or $1.17 a share, on sales of $1.8 billion before the market opens on Thursday, based on a FactSet survey of 15 analysts.

In the same period a year ago, the company posted earnings of $1.14 a share on sales of $1.8 billion. It reported net income of $350.2 million.

The stock has risen 20.3% since the company last reported earnings on Apr. 25.

Quarterly estimates have risen less than 1 cent a share in the past month.

Hershey is currently trading at a price-to-forward-earnings ratio of 24.7 based on the 12-month estimates of 16 analysts surveyed by FactSet.

In the upcoming quarter analysts are forecasting net income of $342.6 million, or $1.64 a share, on sales of $2.1 billion.

Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.