Wednesday, Hess Corp. (HES) reported third-quarter net income attributable to Hess Corp. of $341 million or $1.05 per share, down from $775 million or $2.37 per share in the same quarter last year.
On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.55 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues and non-operating income for the quarter was $7.38 billion, down from $11.39 billion in the comparable quarter last year. Analysts expected the company to report revenue of $7.52 billion for the quarter.
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