Hess Q2 2024 Adj. EPS $2.62 Beats $2.48 Estimate, Sales $3.255B Beat $3.046B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hess (NYSE:HES) reported Q2 2024 adjusted EPS of $2.62, beating the $2.48 estimate and showing a 303.08% increase from last year. Sales were $3.255 billion, surpassing the $3.046 billion estimate and marking a 40.30% increase from the previous year.
July 31, 2024 | 11:31 am
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Hess reported strong Q2 2024 earnings with an adjusted EPS of $2.62, beating estimates by 5.65% and showing a significant 303.08% increase from last year. Sales also exceeded expectations, reaching $3.255 billion, a 40.30% increase from the previous year.
Hess's strong earnings and revenue performance, significantly beating analyst estimates and showing substantial year-over-year growth, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100