Hershey Earnings Estimate

HSY Stock  USD 222.58  3.68  1.63%   
The next projected EPS of Hershey is estimated to be 2.04 with future projections ranging from a low of 1.9986 to a high of 2.081. Hershey's most recent 12-month trailing earnings per share (EPS TTM) is at 4.34. Please be aware that the consensus of earnings estimates for Hershey Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Hershey is projected to generate 2.04 in earnings per share on the 31st of March 2026. Hershey earnings estimates show analyst consensus about projected Hershey Co EPS (Earning Per Share). It derives the highest and the lowest estimates based on Hershey's historical volatility. Many public companies, such as Hershey, 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.

Hershey Revenue Breakdown by Earning Segment

By analyzing Hershey's earnings estimates, investors can diagnose different trends across Hershey's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Hershey's Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.13 in 2026, whereas Gross Profit is likely to drop slightly above 2.6 B in 2026. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hershey Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Hershey Earnings Estimation Breakdown

The calculation of Hershey's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Hershey is estimated to be 2.04 with the future projection ranging from a low of 1.9986 to a high of 2.081. Please be aware that this consensus of annual earnings estimates for Hershey Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.71
2.00
Lowest
Expected EPS
2.04
2.08
Highest

Hershey Earnings Projection Consensus

Suppose the current estimates of Hershey's value are higher than the current market price of the Hershey stock. In this case, investors may conclude that Hershey 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's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
2589.86%
1.71
2.04
4.34

Hershey Earnings History

Earnings estimate consensus by Hershey analysts from Wall Street is used by the market to judge Hershey's stock performance. 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 suggest analyzing not only Hershey's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Hershey Quarterly Gross Profit

1.14 Billion

At this time, Hershey's Retained Earnings Total Equity is fairly stable compared to the past year. Earnings Yield is likely to rise to 0.05 in 2026, whereas Retained Earnings are likely to drop slightly above 3.5 B in 2026. Common Stock Shares Outstanding is likely to rise to about 217.4 M in 2026. Net Income Applicable To Common Shares is likely to rise to about 910.7 M in 2026.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hershey's 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.
Hype
Prediction
LowEstimatedHigh
220.21221.97223.73
Details
Intrinsic
Valuation
LowRealHigh
200.32240.16241.92
Details
25 Analysts
Consensus
LowTargetHigh
207.60228.13253.22
Details
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. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Hershey's stock price in the short term.

Hershey Earnings per Share Projection vs Actual

Actual Earning per Share of Hershey refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Hershey Co predict the company's earnings will be in the future. The higher the earnings per share of Hershey, 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 Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Hershey, 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 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's 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
2026-02-05
2025-12-311.41.710.3122 
2025-10-30
2025-09-301.061.30.2422 
2025-07-30
2025-06-3011.210.2121 
2025-05-01
2025-03-311.932.090.16
2025-02-06
2024-12-312.382.690.3113 
2024-11-07
2024-09-302.552.34-0.21
2024-08-01
2024-06-301.451.27-0.1812 
2024-05-03
2024-03-312.763.070.3111 
2024-02-08
2023-12-311.962.020.06
2023-10-26
2023-09-302.452.60.15
2023-07-27
2023-06-301.912.010.1
2023-04-27
2023-03-312.672.960.2910 
2023-02-02
2022-12-311.772.020.2514 
2022-11-04
2022-09-302.12.170.07
2022-07-28
2022-06-301.681.80.12
2022-04-28
2022-03-312.12.530.4320 
2022-02-03
2021-12-311.611.690.08
2021-10-28
2021-09-3022.10.1
2021-07-29
2021-06-301.421.470.05
2021-04-29
2021-03-311.81.920.12
2021-02-04
2020-12-311.431.490.06
2020-11-06
2020-09-301.721.860.14
2020-07-23
2020-06-301.131.310.1815 
2020-04-23
2020-03-311.711.63-0.08
2020-01-30
2019-12-311.241.280.04
2019-10-24
2019-09-301.61.610.01
2019-07-25
2019-06-301.171.310.1411 
2019-04-25
2019-03-311.461.590.13
2019-01-31
2018-12-311.271.26-0.01
2018-10-25
2018-09-301.551.550.0
2018-07-26
2018-06-301.11.140.04
2018-04-26
2018-03-311.41.410.01
2018-02-01
2017-12-311.071.03-0.04
2017-10-26
2017-09-301.291.330.04
2017-07-26
2017-06-300.91.090.1921 
2017-04-26
2017-03-311.251.310.06
2017-02-03
2016-12-311.081.170.09
2016-10-28
2016-09-301.181.290.11
2016-07-28
2016-06-300.780.850.07
2016-04-26
2016-03-311.071.10.03
2016-01-28
2015-12-311.051.080.03
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
2014-06-300.760.760.0
2014-04-24
2014-03-311.141.150.01
2014-01-30
2013-12-310.860.860.0
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
2011-12-310.70.70.0
2011-10-27
2011-09-300.840.840.0
2011-07-26
2011-06-300.550.560.01
2011-04-26
2011-03-310.70.720.02
2011-02-02
2010-12-310.610.610.0
2010-10-21
2010-09-300.780.790.01
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
2008-09-300.640.640.0
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
2007-10-17
2007-09-300.710.68-0.03
2007-07-19
2007-06-300.350.350.0
2007-04-19
2007-03-310.510.510.0
2007-01-24
2006-12-310.710.67-0.04
2006-10-19
2006-09-300.810.78-0.03
2006-07-20
2006-06-300.420.420.0
2006-04-20
2006-03-310.510.5-0.01
2006-01-25
2005-12-310.750.760.01
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
2004-09-300.720.66-0.06
2004-07-22
2004-06-300.350.33-0.02
2004-04-22
2004-03-310.410.410.0
2004-01-28
2003-12-310.570.580.01
2003-10-16
2003-09-300.570.570.0
2003-07-17
2003-06-300.260.280.02
2003-04-17
2003-03-310.370.370.0
2003-01-29
2002-12-310.510.510.0
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
2001-06-300.190.190.0
2001-04-20
2001-03-310.280.280.0
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
1999-12-310.350.350.0
1999-10-25
1999-09-300.30.310.01
1999-07-26
1999-06-300.150.180.0320 
1999-04-23
1999-03-310.210.210.0
1999-01-29
1998-12-310.420.38-0.04
1998-10-28
1998-09-300.370.370.0
1998-07-24
1998-06-300.160.170.01
1998-04-24
1998-03-310.260.260.0
1998-01-28
1997-12-310.40.40.0
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
1996-03-310.190.190.0

About Hershey Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Hershey 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 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 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 Next Year
Retained Earnings6.6 B3.5 B
Retained Earnings Total Equity3.2 B3.7 B
Earnings Yield 0.03  0.05 
Price Earnings Ratio 30.49  18.90 
Price Earnings To Growth Ratio(0.51)(0.48)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Hershey Stock Analysis

When running Hershey's price analysis, check to measure Hershey's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hershey is operating at the current time. Most of Hershey's value examination focuses on studying past and present price action to predict the probability of Hershey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hershey's price. Additionally, you may evaluate how the addition of Hershey to your portfolios can decrease your overall portfolio volatility.