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Hershey posted strong Q2 earnings, raised 2025 profit outlook, and boosted dividend.
Hershey Co. reported strong Q2 earnings on October 30, posting $1.30 EPS, beating estimates by $0.24, and achieving $3.18 billion in revenue, up 6.5% year-over-year.
The company raised its fiscal 2025 EPS guidance to $5.90–$6.00 and declared a $1.37 quarterly dividend, yielding 3.4%.
Institutional ownership stands at 57.96%, with Atria Investments increasing its stake by 32.9% while Burney Co. reduced its holding by 5.4%.
The stock trades at $162.13 with a market cap of $32.87 billion, a P/E ratio of 21.53, and a consensus "Hold" rating.
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Hershey registró fuertes ganancias del segundo trimestre, elevó las perspectivas de ganancias para 2025 y aumentó el dividendo.