Hershey Foods Beats Third-Quarter Estimates - TheStreet

Hershey Foods

(HSY) - Get Report

reported third-quarter earnings that beat analysts' expectations by two cents.

The chocolate and confectionery maker earned $107.4 million, or 78 cents a share, up from $87.6 million, or 62 cents a share, last year. Twelve analysts expected the company to post earnings of 76 cents a share, according to a

First Call/Thomson Financial

survey.

Quarterly revenue rose to $1.20 billion from $1.07 billion a year ago.