Recap: Hess Q3 Earnings

Recap: Hess Q3 Earnings

Hess HES reported its Q3 earnings results on Wednesday, October 26, 2022 at 07:30 AM.

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

Earnings

Hess beat estimated earnings by 1.07%, reporting an EPS of $1.89 versus an estimate of $1.87.

Revenue was up $1.35 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 2.35% increase in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.12 1.02 0.73 0.30
EPS Actual 2.15 1.30 0.85 0.28
Revenue Estimate 2.39B 1.82B 1.73B 1.44B
Revenue Actual 2.99B 2.37B 2.25B 1.81B

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.

Posted In: BZI-RecapsEarnings