Hess Corp. (HES) Tops Q3 EPS by 12c
Get Alerts HES Hot Sheet
EPS Growth %: +143.1%
Financial Fact:
Sales (excluding excise taxes) and other operating revenues: 1.18B
Today's EPS Names:
IPDN, alrn, JD, More
Join SI Premium – FREE
Hess Corp. (NYSE: HES) reported Q3 EPS of ($1.12), $0.12 better than the analyst estimate of ($1.24). Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.31 billion.
"Our company continues to take steps to maintain a strong balance sheet and materially reduce our spending," Chief Executive Officer John Hess said. "We also are investing in growth projects including the world-class Liza oil discovery in Guyana that we believe will create significant value for our shareholders. Based on the positive results of the Liza-3 well, we now expect Liza to be at the upper end of the previously announced estimated recoverable resources range of 800 million to 1.4 billion barrels of oil equivalent."
For earnings history and earnings-related data on Hess Corp. (HES) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Deere & Co. (DE) Tops Q2 EPS by 66c; Cuts net income forecast
- Walmart (WMT) Tops Q1 EPS by 9c, Offers Guidance
- Under Armour Inc (UAA) Tops Q1 EPS by 3c, EPS Guidance Misses
Create E-mail Alert Related Categories
Earnings, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!