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.
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