Is a Beat in Store for Hess (HES) This Earnings Season?

Hess Corporation (HES) is set to report second-quarter 2024 results on Jul 31, before market open. The company beat on earnings in each of the trailing four quarters, delivering an average surprise of 35.7%. This is depicted in the graph below: The Zacks Consensus Estimate for second-quarter earnings per share of $2.44 has witnessed two downward revisions and one upward revision in the past 30 days. The estimated figure suggests an improvement of 275.4% from the prior-year reported number. Hess is anticipat ...