Hess: Q1 Earnings Snapshot

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.

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.


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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