Hess Midstream Q2 EPS $0.50 Beats $0.48 Estimate, Sales $324.00M Beat $322.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hess Midstream (NYSE:HESM) reported Q2 earnings of $0.50 per share, beating the analyst consensus estimate of $0.48 by 4.17%. The company also reported quarterly sales of $324.00 million, surpassing the analyst consensus estimate of $322.43 million by 0.49%. This represents a 3.38% increase over sales of $313.40 million the same period last year.
July 26, 2023 | 12:02 pm
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POSITIVE IMPACT
Hess Midstream's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
Hess Midstream's Q2 earnings and sales surpassed analyst estimates, which is generally seen as a positive signal by the market. This could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100