• Earnings from Hershey and ICE

    1 month ago - By Crossing Wall Street

    We had two more earnings reports this morning. First up, Hershey said it made $1.47 per share for Q2. That's an increase of 12.2% over last year's Q2. It beat Wall Street's consensus by three cents per share. Consolidated net sales were up 16.5% to $1.9894 billion in Q2.
    CEO Michele Buck said, “This strong consumer demand, coupled with our executional excellence, healthy balance sheet and relentless focus on delivering against our strategic initiatives in the quarter enabled us to support and expand our portfolio, invest in our people and deliver strong shareholder returns. As trends...
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  • Earnings from Cerner and Church & Dwight

    1 month ago - By Crossing Wall Street

    We had two more earnings reports this morning. For Q2, Cerner said it made 80 cents per share. That was four cents more than Wall Street's estimate. Q2 revenue rose 10% to $1.457 billion. Cerner's adjusted operating margin increased to 20.6% and free cash flow rose 153% to $162 million.
    “I am very pleased with Cerner's top and bottom-line execution in the second quarter, with our results reflecting good progress on our transformation initiatives and a strengthening market presence,” said Brent Shafer, Chairman and CEO. “We delivered good revenue growth, expanded Adjusted Operating Margin...
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