Hershey Creamery Company Reports Earnings Results for the Fourth Quarter and Full Year 2014; Provides Earnings Guidance for the Year 2015
January 29, 2015 at 12:31 pm
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Hershey Creamery Company reported earnings results for the fourth quarter and full year 2014. For the quarter, the company reported net income of $202.5 million, or 91 cents per share, compared with $186.1 million, or 82 cents per share, a year ago. Earnings, adjusted for asset impairment costs and non-recurring costs, were $1.04 per share. Revenue rose 2.7%.
For the year, the company reported profit of $846.9 million, or $3.77 per share. Revenue was reported as $7.42 billion.
For the full year 2015, the company expects earnings in the range of $4.30 to $4.38 per share.