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Did Hess Corporation Beat Earnings?
Hess Corporation (HES) reported Q1 '25 revenue of $2.94B, down 11.2% year-over-year, with reported EPS of $1.81. That topped the $1.61 analyst estimate by 12.4% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Hess Corporation’s job postings, web traffic, and employee business outlook. See the full HES stock analysis or the earnings calendar for upcoming reports.
HES Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q1 '25 | $1.61 | $1.81 | Beat +12.4% |
| Q4 '24 | $1.47 | $1.76 | Beat +19.7% |
| Q3 '24 | $1.77 | $2.14 | Beat +20.9% |
| Q2 '24 | $2.55 | $2.62 | Beat +2.7% |
| Q1 '24 | $1.73 | $3.16 | Beat +82.7% |
| Q4 '23 | $1.39 | $1.63 | Beat +17.3% |
Hess Corporation Quarterly Financial Trends
| Metric | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.29B | 2.8B | 2.95B | 3.31B | 3.2B | 3.19B | 3.14B | 2.94B |
| Gross margin | 76.3% | 63.3% | 81.1% | 49.0% | 41.3% | 78.1% | 76.3% | 41.5% |
| Operating margin | 24.9% | 33.3% | 26.3% | 45.2% | 37.7% | 34.2% | 53.7% | 26.6% |
| Net income | 119M | 504M | 413M | 972M | 757M | 498M | 542M | 430M |
| Net margin | 5.2% | 18.0% | 14.0% | 29.4% | 23.6% | 15.6% | 17.3% | 14.6% |
| EPS | $0.65 | $1.64 | $1.63 | $3.16 | $2.62 | $2.14 | $1.76 | $1.81 |
Hess Corporation Earnings Trend Analysis
Over the eight quarters from Q2 '23 to Q1 '25, Hess Corporation’s quarterly revenue moved from $2.29B to $2.94B. Net margin expanded from 5.2% to 14.6%, against a 41.5% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Hess Corporation has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.
When Is Hess Corporation’s Next Earnings Date?
Hess Corporation reports earnings on a quarterly schedule. Its most recent report covered Q1 '25. For the confirmed upcoming date — and every other company reporting soon — see the HES earnings calendar.
Frequently Asked Questions: Hess Corporation Earnings
Hess Corporation's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Hess Corporation reported Q1 '25 EPS of $1.81 on revenue of $2.94B (-11.2% YoY). Hess Corporation beat estimates, reporting $1.81 vs. the $1.61 estimate.
Hess Corporation reported Q1 '25 revenue of $2.94B, down 11.2% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the HES AI Score.
