The exciting news about Hess Corporation (NYSE: HES) will be shared on Wednesday 30th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
In accordance with the predictions of financial analysts on Wall Street, the concern is on track to report an expected per share of $1.77 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $2.82 billion for this quarter.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $1.64. Notably, the company's total revenue reached an impressive $2.84 billion during that specific period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $11.92 billion. Additionally, they expect the company to reach profit of $9.56 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.62 | +303.1% | 3.26 B | +40.3% |
| Q1 2024 | $3.16 | +179.6% | 3.34 B | +36.2% |
| Q4 2023 | $1.63 | -8.4% | 3.04 B | -0.6% |
| Q3 2023 | $1.64 | -13.2% | 2.84 B | -10.1% |
| Q2 2023 | $0.65 | -69.8% | 2.32 B | -22.4% |
| *Growth on year-over-year basis | ||||
Hess Corporation (HES) closed Monday's regular trading session at $137.06, marking a 0.7 percent decline, with a volume of 1.97 million shares.
