Hess: Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Hess Corp. (HES) on Wednesday reported second-quarter net income of $757 million.
The New York-based company said it had net income of $2.46 per share. Earnings, adjusted for non-recurring costs, were $2.62 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.48 per share.
The oil and gas producer posted revenue of $3.26 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $3.22 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