Investing.com - Hershey Co reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hershey Co announced earnings per share of $2.17 on revenue of $2.73B. Analysts polled by Investing.com anticipated EPS of $2.10 on revenue of $2.61B.
Hershey Co shares are up 19% from the beginning of the year and are trading at $232.09 , down-from-52-week-high.
Hershey Co follows other major Consumer Staples sector earnings this month
Hershey Co's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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