Why Hillshire Brands (HSH) Stock Is Up Today

NEW YORK (TheStreet) -- Hillshire Brands (HSH) shares are up 3.2% to $36.44 following the release of the company's first quarter earnings results.

Net sales for the quarter rose 3.4% over the previous year to $955 million, beating analysts quarterly estimates of $939 million.

Must Read: Warren Buffett's 10 Favorite Growth Stocks 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Net earnings for the meat producer were $42 million, or 35 cents per share, missing analysts estimates by 1 cent.

The meat producer was forced to raise price this quarter due to higher pork and beef costs, joining other food industry company's who raised prices.

TheStreet Ratings team rates HILLSHIRE BRANDS CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate HILLSHIRE BRANDS CO (HSH) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

If you liked this article you might like

Tyson Foods (TSN) Stock Gains in Pre-Market Trading Today as Sales Rise

Is it Time to Push Away From the Pinnacle Foods Buffet?

Making Your Holiday Investment List

Making Your Holiday Investment List

Why Tyson Foods (TSN) Stock Is Advancing Today

Water-Logged And Getting Wetter: Hillshire Brands (HSH)