Hershey Co. Q4 adjusted earnings Beat Estimates

(RTTNews) - Hershey Co. (HSY) revealed earnings for its fourth quarter that advanced from last year.

The company's earnings totaled $291.39 million, or $1.39 per share. This compares with $207.19 million, or $0.98 per share, in last year's fourth quarter.

Excluding items, Hershey Co. reported adjusted earnings of $312.32 million or $1.49 per share for the period.

Analysts had expected the company to earn $1.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.8% to $2.19 billion from $2.07 billion last year.

Hershey Co. earnings at a glance:

-Earnings (Q4): $312.32 Mln. vs. $269.32 Mln. last year. -EPS (Q4): $1.49 vs. $1.28 last year. -Analysts Estimate: $1.43 -Revenue (Q4): $2.19 Bln vs. $2.07 Bln last year.