The Hershey (HSY) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.90
- Estimate
- $1.43
- Surprise
- +33.1%
- Revenue (period 2026-06-28)
- $2.79B
- Score at report (before → after)
- 5.9 → 6.0/10
Revenue source: xbrl.
How the report landed
The Hershey (HSY) beat the $1.43 estimate with adjusted EPS of $1.90 — a large 33.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Hold at 6.0/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HSY Hold at 5.7/10.
4 of the last 4 quarters beat the estimate; this quarter's +33.1% surprise compares with a +23.7% four-quarter average. Next scheduled report: 2027-02-04.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.2 in RISK_OFF)
- Sector modifier (Consumer Defensive): +0.8
What argues against it
- Concentration risk — Geographic: United States manufacturing
- Analyst target reached - limited upside remaining
- Leverage penalty (D/E 1.1): -0.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $174.90
- Stop
- $164.86
At 19.4× trailing and 17.7× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — shown for context, not personalized investment advice.
HSY at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Confectioners
- Market cap
- $33.67B
- P/E (fwd)
- 17.7
- P/E (ttm)
- 19.4
- 52-week range
- $156.16–$239.48
- Off 52-week high
- 27.0%
- RSI (14)
- 56
- Volume vs avg
- 0.28×
- Score today
- 5.7/10