Hershey Foods Earnings Estimate

HSY -  USA Stock  

USD 209.54  1.89  0.89%

Many public companies, such as Hershey Foods, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Hershey Foods' earnings estimates, investors can diagnose different trends across Hershey Foods' analyst sentiment over time as well as compare current estimates against different timeframes.
Hershey Foods is projected to generate 7.09 in earnings per share on the 31st of December 2021. Hershey Foods earnings estimates module stress-tests analyst consensus about projected Hershey Foods Corp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Risk vs Return Analysis.
  
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Gross Profit is likely to rise to about 4.1 B in 2022, whereas Profit Margin is likely to drop 0.16 in 2022.
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Hershey Foods Earnings Estimation Breakdown

Calculation of earning per share of Hershey Foods Corp is based on official Zacks consensus of 5 analysts regarding Hershey Foods future annual earnings. Given the historical accuracy of 95.97%, the future earnings per share of Hershey Foods is estimated to be 7.09 with the lowest and highest values of 6.92 and 7.14, respectively. Please note that this consensus of annual earnings estimates for Hershey Foods Corp is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 6.89
6.92
Lowest
Expected EPS 7.09
7.14
Highest

Hershey Foods Earnings Projection Consensus

Suppose the current estimates of Hershey Foods' value are higher than the current market price of the Hershey Foods stock. In this case, investors may conclude that Hershey Foods is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Hershey Foods' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

5

95.97%

6.89

7.09

Hershey Foods Earnings History

Earnings estimate consensus by Hershey Foods Corp analysts from Wall Street is used by the market to judge Hershey Foods' stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Hershey Foods' upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Hershey Foods Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

801.62 Million

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Hershey Foods Accumulated Retained Earnings Deficit are fairly stable at the moment as compared to the past year. Hershey Foods reported Accumulated Retained Earnings Deficit of 2.72 Billion in 2021. Price to Earnings Ratio is likely to rise to 32.08 in 2022, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 1.8 B in 2022. Weighted Average Shares Diluted is likely to rise to about 213.7 M in 2022, whereas Weighted Average Shares is likely to drop slightly above 199 M in 2022.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hershey Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Hershey Foods in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
205.31206.97208.63
Details
Intrinsic
Valuation
LowReal ValueHigh
201.87203.53227.68
Details
Naive
Forecast
LowNext ValueHigh
202.50204.16205.83
Details
11 Analysts
Consensus
LowTarget PriceHigh
181.00193.50220.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hershey Foods. Your research has to be compared to or analyzed against Hershey Foods' peers to derive any actionable benefits. When done correctly, Hershey Foods' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Hershey Foods Corp.
Note that many institutional investors and large investment bankers can move markets due to the volume of Hershey assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Hershey Foods. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Hershey stock price in the short term.

Hershey Foods Earnings per Share Projection vs Actual

Actual Earning per Share of Hershey Foods refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Hershey Foods Corp predict the company's earnings will be in the future. The higher the earnings per share of Hershey Foods, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Hershey Foods Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Hershey Foods, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Hershey Foods should always be considered in relation to other companies to make a more educated investment decision.

Hershey Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Hershey Foods' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-04-28
2022-03-312.12.530.4320 
2022-02-03
2021-12-311.621.690.07
2021-10-28
2021-09-302.00392.10.0961
2021-07-29
2021-06-301.42491.470.0451
2021-04-29
2021-03-311.79861.920.1214
2021-02-04
2020-12-311.42611.490.0639
2020-11-06
2020-09-301.71851.860.1415
2020-07-23
2020-06-301.12721.310.182816 
2020-04-23
2020-03-311.70881.63-0.0788
2020-01-30
2019-12-311.24311.280.0369
2019-10-24
2019-09-301.60221.610.0078
2019-07-25
2019-06-301.17331.310.136711 
2019-04-25
2019-03-311.46371.590.1263
2019-01-31
2018-12-311.26751.26-0.0075
2018-10-25
2018-09-301.5481.550.002
2018-07-26
2018-06-301.09741.140.0426
2018-04-26
2018-03-311.39621.410.0138
2018-02-01
2017-12-311.071.03-0.04
2017-10-26
2017-09-301.29481.330.0352
2017-07-26
2017-06-300.89641.090.193621 
2017-04-26
2017-03-311.24821.310.0618
2017-02-03
2016-12-311.08121.170.0888
2016-10-28
2016-09-301.18351.290.1065
2016-07-28
2016-06-300.78040.850.0696
2016-04-26
2016-03-311.06941.10.0306
2016-01-28
2015-12-311.05131.080.0287
2015-10-28
2015-09-301.131.170.04
2015-08-07
2015-06-300.750.780.03
2015-04-23
2015-03-311.161.09-0.07
2015-01-29
2014-12-311.061.04-0.02
2014-10-29
2014-09-301.081.05-0.03
2014-07-24
2014-06-300.760.760
2014-04-24
2014-03-311.141.150.01
2014-01-30
2013-12-310.860.860
2013-10-24
2013-09-301.011.040.03
2013-07-25
2013-06-300.710.720.01
2013-04-25
2013-03-311.041.090.05
2013-01-31
2012-12-310.760.74-0.02
2012-10-25
2012-09-300.860.870.01
2012-07-26
2012-06-300.610.660.05
2012-04-24
2012-03-310.810.960.1518 
2012-02-01
2011-12-310.70.70
2011-10-27
2011-09-300.840.840
2011-07-26
2011-06-300.550.560.01
2011-04-26
2011-03-310.70.720.02
2011-02-02
2010-12-310.610.610
2010-10-21
2010-09-300.790.790
2010-07-22
2010-06-300.460.510.0510 
2010-04-22
2010-03-310.470.640.1736 
2010-02-02
2009-12-310.60.630.03
2009-10-22
2009-09-300.670.730.06
2009-07-23
2009-06-300.350.430.0822 
2009-04-23
2009-03-310.350.380.03
2009-01-27
2008-12-310.540.590.05
2008-10-16
2008-09-300.640.640
2008-07-23
2008-06-300.280.290.01
2008-04-24
2008-03-310.390.37-0.02
2008-01-24
2007-12-310.550.54-0.01
2007-10-18
2007-09-300.710.68-0.03
2007-07-19
2007-06-300.350.350
2007-04-19
2007-03-310.510.510
2007-01-24
2006-12-310.710.67-0.04
2006-10-19
2006-09-300.810.78-0.03
2006-07-20
2006-06-300.420.420
2006-04-20
2006-03-310.510.5-0.01
2006-01-25
2005-12-310.760.760
2005-10-20
2005-09-300.740.750.01
2005-07-21
2005-06-300.380.390.01
2005-04-21
2005-03-310.460.470.01
2005-01-26
2004-12-310.660.680.02
2004-10-21
2004-09-300.640.660.02
2004-07-22
2004-06-300.310.330.02
2004-04-22
2004-03-310.410.410
2004-01-28
2003-12-310.570.580.01
2003-10-16
2003-09-300.570.570
2003-07-17
2003-06-300.260.280.02
2003-04-17
2003-03-310.360.370.01
2003-01-29
2002-12-310.510.510
2002-10-17
2002-09-300.490.510.02
2002-07-23
2002-06-300.220.240.02
2002-04-18
2002-03-310.330.340.01
2002-01-24
2001-12-310.450.460.01
2001-10-18
2001-09-300.430.440.01
2001-07-20
2001-06-300.190.190
2001-04-20
2001-03-310.280.280
2001-01-30
2000-12-310.410.420.01
2000-10-24
2000-09-300.380.390.01
2000-07-26
2000-06-300.150.14-0.01
2000-04-24
2000-03-310.210.260.0523 
2000-01-31
1999-12-310.350.350
1999-10-25
1999-09-300.30.310.01
1999-07-26
1999-06-300.150.180.0320 
1999-04-23
1999-03-310.210.210
1999-01-29
1998-12-310.420.38-0.04
1998-10-28
1998-09-300.370.370
1998-07-24
1998-06-300.160.170.01
1998-04-24
1998-03-310.260.260
1998-01-28
1997-12-310.40.40
1997-10-21
1997-09-300.330.340.01
1997-07-25
1997-06-300.160.170.01
1997-04-18
1997-03-310.220.230.01
1997-01-28
1996-12-310.380.37-0.01
1996-10-18
1996-09-300.290.310.02
1996-07-23
1996-06-300.110.130.0218 
1996-04-22
1996-03-310.190.190

About Hershey Foods Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Hershey Foods earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Hershey Foods estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Hershey Foods fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit2.7 B3.4 B
Earning Before Interest and Taxes EBIT1.9 B1.8 B
Earnings per Basic Share 6.68  5.82 
Earnings per Diluted Share 6.66  5.81 
Price to Earnings Ratio 28.96  32.08 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.2 B2.1 B
Earnings before Tax1.8 B1.7 B
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania. Hershey Foods operates under Confectioners classification in the United States and is traded on New York Stock Exchange. It employs 16620 people.

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Please check Risk vs Return Analysis. Note that the Hershey Foods Corp information on this page should be used as a complementary analysis to other Hershey Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Hershey Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hershey Foods. If investors know Hershey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hershey Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hershey Foods Corp is measured differently than its book value, which is the value of Hershey that is recorded on the company's balance sheet. Investors also form their own opinion of Hershey Foods' value that differs from its market value or its book value, called intrinsic value, which is Hershey Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hershey Foods' market value can be influenced by many factors that don't directly affect Hershey Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hershey Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hershey Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hershey Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.