|Bid||42.49 x 100|
|Ask||44.19 x 300|
|Day's range||43.72 - 44.11|
|52-week range||40.50 - 47.23|
|PE ratio (TTM)||39.77|
|Dividend & yield||0.76 (1.73%)|
|1y target est||N/A|
Ferrara Candy Co, the owner of candies such as Lemonheads and Now & Later chews, is preparing to participate in the auction for Swiss food group Nestle SA's U.S. candy business, people familiar with the matter said on Friday. A potential deal would add chocolate brands such as Butterfinger and Baby Ruth to Ferrara's array of gum and soft-candy offerings. Nestle said in June it would explore strategic options, including a possible sale, for its U.S. candy business, whose brands also include Nips, SweeTarts and Raisinets.
On an average, Wall Street analysts expect the company to post adjusted earnings per share of $0.90 per share in 2Q17, representing year-over-year growth of 6%.
Analysts expect Hershey (HSY) to report sales of $1.7 billion in 2Q17, reflecting YoY (year-over-year) growth of 1.2%.