Hershey's Q3 Results and Guidance Update: Undervalued or Overpriced?

Hershey's Q3 results showed a solid rise in sales, but a sharp drop in net income and earnings per share from the prior year. The share price has dropped over 13% in the past month, but its five-year total shareholder return is still up over 22%. The company has raised its sales outlook, but some analysts question whether the market is already pricing in all expected growth.