Shares of Hershey, Pennsylvania-based Hershey Company HSY are trading up 4.1% at $49.06 per share during the Wednesday afternoon trading session. The day's trading range for shares of Hershey Company has been between $47.47 and $49.22 per share. Analysts covering the company's stock give it a consensus price target of $50.58 per share.
Volume of 1.9 million shares is nearly double the daily average volume of 1.1 million shares.
Hershey Company (HSY) announced on Wednesday morning that it met consensus Wall Street expectations. Hershey Company announced 4th quarter adjusted earnings per share of 61 cents, on revenue of $1.48 billion.
According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 61 cents per share, on revenue of $1.48 billion.
The Hershey Company is the largest producer of quality chocolate in North America and a global leader in chocolate and sugar confectionery.
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