The exciting news about Hess Midstream LP (NYSE: HESM) 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.
As per the projections made by financial experts on Wall Street, the business is expected to announce an estimated $0.66 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $376.98 million.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.57. This notable figure was attributed to the company's total revenue, which settled at an impressive $363.1 million during that specific quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $1.49 billion. Additionally, they are expecting the company to achieve a per share profit of $2.55 for the fiscal year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.59 | +18.0% | 365.50 M | +12.8% |
| Q1 2024 | $0.59 | +25.5% | 355.60 M | +16.6% |
| Q4 2023 | $0.55 | +12.2% | 356.50 M | +13.3% |
| Q3 2023 | $0.57 | +7.5% | 363.10 M | +8.5% |
| Q2 2023 | $0.50 | 0% | 324.00 M | +3.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 12:00 PM eastern time to discuss Q3 financial results.
Hess Midstream LP (HESM) closed Monday's regular trading session at $34.89, reflecting a 1.64 percent decline. During the day, HESM shares traded between $34.86 and $35.37, with a day volume of 528.50 thousand shares.
