Recap: Hess Q2 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


 

Hess (NYSE:HES) reported its Q2 earnings results on Wednesday, July 27, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Hess beat estimated earnings by 1.42%, reporting an EPS of $2.15 versus an estimate of $2.12.

Revenue was up $1.39 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.28 which was followed by a 2.34% increase in the share price the next day.

Here's a look at Hess's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.02 0.73 0.30 0.18
EPS Actual 1.30 0.85 0.28 0.24
Revenue Estimate 1.82B 1.73B 1.44B 1.37B
Revenue Actual 2.37B 2.25B 1.81B 1.60B

To track all earnings releases for Hess visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsBZI-Recaps