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Surging Earnings Estimates Signal Upside for Hess (HES) Stock
HESHess(HES) Zacks Investment Research·2024-04-29 17:20

Investors might want to bet on Hess (HES) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this oil and gas producer, should get reflected in its stock price. After all, empirical research shows a strong correlation between tre ...