Hess Midstream Q3 GAAP EPS $0.57 Beats $0.55 Estimate, Sales $363.10M Beat $342.38M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hess Midstream (NYSE:HESM) reported Q3 earnings of $0.57 per share, beating the analyst consensus estimate of $0.55 by 3.64%. This is a 7.55% increase from the same period last year. The company also reported quarterly sales of $363.10 million, beating the analyst consensus estimate of $342.38 million by 6.05%. This is an 8.45% increase from the same period last year.
October 25, 2023 | 12:01 pm
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POSITIVE IMPACT
Hess Midstream's Q3 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Hess Midstream's Q3 earnings and sales exceeded analyst estimates, which is typically seen as a positive sign of the company's financial health and performance. This could potentially lead to increased investor confidence and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100