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Hess: Q1 Earnings Snapshot
By AP News - Apr 25, 2024, 08:00 AM ET
Last Updated - Apr 25, 2024, 08:00 AM EDT
NEW YORK (AP) — NEW YORK (AP) — Hess Corp. (HES) on Thursday reported first-quarter earnings of $972 million.
On a per-share basis, the New York-based company said it had net income of $3.16.
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The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.
The oil and gas producer posted revenue of $3.34 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $2.93 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HES at https://www.zacks.com/ap/HES
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