Subject: Re: FKA: HSY
Reported Q4 earnings is being well received in pre-market trading. However 2025 outlook is pretty grim. Reported EPS to decline in high 40% range and adjusted EPS in mid 30% range to $6 to $6.18. Adjusted EPS in 2023 and 2024 were $9.59 and $9.37.

If the pre- market price of $152 holds stock would be 25 times 2025 adj EPS and even higher GAAP EPS.

https://seekingalpha.com/pr/19...