NEW YORK (AP) — NEW YORK (AP) — Hess Corp. (HES) on Wednesday reported third-quarter earnings of $498 million.
On a per-share basis, the New York-based company said it had profit of $1.62. Earnings, adjusted for non-recurring costs, were $2.14 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The oil and gas producer posted revenue of $3.2 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $3.08 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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