Hess Midstream: Q3 Earnings Insights

Hess Midstream HESM reported its Q3 earnings results on Wednesday, October 26, 2022 at 08:00 AM.

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

Earnings

Hess Midstream missed estimated earnings by 1.85%, reporting an EPS of $0.53 versus an estimate of $0.54.

Revenue was up $30.90 million from the same period last year.

Past Earnings Performance

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

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.53 0.53 0.59 0.38
EPS Actual 0.50 0.49 0.51 0.38
Revenue Estimate 308.41M 307.70M 308.96M 291.07M
Revenue Actual 313.40M 312.40M 316.30M 303.90M

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

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

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