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
Key numbers
- Reported 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 diluted 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 5.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +33.1% surprise compares with a +23.0% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Sector modifier (Consumer Defensive): +0.8
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Geographic: United States manufacturing
- Thin upside margin: 6.7%
- Leverage penalty (D/E 1.3): -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
- $173.32
- Price target
- $184.97
- Stop
- $165.56
- Upside to target
- +6.7%
- Reward-to-risk
- 1.3:1
The stock trades at 23.7× trailing but 17.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 26 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — 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
- $34.82B
- P/E (fwd)
- 17.6
- P/E (ttm)
- 23.7
- 52-week range
- $161.43–$239.48
- Off 52-week high
- 27.6%
- RSI (14)
- 26
- Volume vs avg
- 0.89×
- Score today
- 5.3/10