“The next earnings report is due on April 23, and I’m expecting another good showing. The current consensus from analysts is for earnings of 34 cents a share. Personally, I think that’s on the low side. I expect to see earnings hit 37 cents a share, maybe higher. Hershey’s is an excellent buy right now. Get ready to see an earnings surprise in a few weeks.”
My optimism was right. Hershey reported earnings of 38 cents a share today. The stock remains a very strong buy.