Hess Midstream Earnings Estimate

HESM Stock  USD 36.82  0.75  2.08%   
The next projected EPS of Hess Midstream is estimated to be 0.620675 with future projections ranging from a low of 0.5725 to a high of 0.6575. Hess Midstream's most recent 12-month trailing earnings per share (EPS TTM) is at 2.36. Please be aware that the consensus of earnings estimates for Hess Midstream Partners is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Hess Midstream is projected to generate 0.620675 in earnings per share on the 31st of December 2024. Hess Midstream earnings estimates module stress-tests analyst consensus about projected Hess Midstream Partners EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Hess Midstream, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Hess Midstream Revenue Breakdown by Earning Segment

By analyzing Hess Midstream's earnings estimates, investors can diagnose different trends across Hess Midstream's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Hess Midstream's Pretax Profit Margin is very stable compared to the past year. As of the 22nd of November 2024, Operating Profit Margin is likely to grow to 0.64, while Gross Profit is likely to drop about 649.1 M.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Hess Midstream Earnings Estimation Breakdown

The calculation of Hess Midstream's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Hess Midstream is estimated to be 0.620675 with the future projection ranging from a low of 0.5725 to a high of 0.6575. Please be aware that this consensus of annual earnings estimates for Hess Midstream Partners is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.63
0.57
Lowest
Expected EPS
0.620675
0.66
Highest

Hess Midstream Earnings Projection Consensus

Suppose the current estimates of Hess Midstream's value are higher than the current market price of the Hess Midstream stock. In this case, investors may conclude that Hess Midstream is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Hess Midstream's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
593.68%
0.63
0.620675
2.36

Hess Midstream Earnings History

Earnings estimate consensus by Hess Midstream Partners analysts from Wall Street is used by the market to judge Hess Midstream's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Hess Midstream's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Hess Midstream Quarterly Gross Profit

238 Million

At this time, Hess Midstream's Retained Earnings are very stable compared to the past year. As of the 22nd of November 2024, Price Earnings Ratio is likely to grow to 15.74, while Earnings Yield is likely to drop 0.06. As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to drop to about 36.1 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 67.7 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hess Midstream's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
35.6236.8338.04
Details
Intrinsic
Valuation
LowRealHigh
33.9835.1940.50
Details
Naive
Forecast
LowNextHigh
36.2537.4638.66
Details
5 Analysts
Consensus
LowTargetHigh
31.2034.2938.06
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Hess assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Hess Midstream. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Hess Midstream's stock price in the short term.

Hess Midstream Earnings per Share Projection vs Actual

Actual Earning per Share of Hess Midstream refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Hess Midstream Partners predict the company's earnings will be in the future. The higher the earnings per share of Hess Midstream, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Hess Midstream Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Hess Midstream, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Hess Midstream should always be considered in relation to other companies to make a more educated investment decision.

Hess Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Hess Midstream's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-30
2024-09-300.660.63-0.03
2024-07-31
2024-06-300.630.59-0.04
2024-04-25
2024-03-310.630.59-0.04
2024-01-31
2023-12-310.630.55-0.0812 
2023-10-25
2023-09-300.550.570.02
2023-07-26
2023-06-300.480.50.02
2023-04-26
2023-03-310.470.470.0
2023-01-25
2022-12-310.540.49-0.05
2022-10-26
2022-09-300.530.530.0
2022-07-27
2022-06-300.520.5-0.02
2022-04-27
2022-03-310.520.49-0.03
2022-01-26
2021-12-310.590.51-0.0813 
2021-10-27
2021-09-300.380.380.0
2021-07-28
2021-06-300.430.440.01
2021-04-28
2021-03-310.420.430.01
2021-01-27
2020-12-310.350.360.01
2020-10-28
2020-09-300.350.31-0.0411 
2020-07-29
2020-06-300.380.29-0.0923 
2020-05-07
2020-03-310.410.35-0.0614 
2020-01-29
2019-12-310.350.28-0.0720 
2019-10-30
2019-09-300.340.33-0.01
2019-07-31
2019-06-300.320.29-0.03
2019-04-25
2019-03-310.330.32-0.01
2019-01-30
2018-12-310.320.31-0.01
2018-10-31
2018-09-300.310.340.03
2018-07-25
2018-06-300.30.320.02
2018-04-25
2018-03-310.280.30.02
2018-02-05
2017-12-310.270.26-0.01
2017-10-26
2017-09-300.240.270.0312 
2017-07-27
2017-06-300.230.21-0.02
2017-05-15
2017-03-310.230.23033.0E-4

About Hess Midstream Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Hess Midstream earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Hess Midstream estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Hess Midstream fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings206.7 M217 M
Earnings Yield 0.07  0.06 
Price Earnings Ratio 14.99  15.74 
Price Earnings To Growth Ratio(0.17)(0.17)

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When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.115
Dividend Share
2.638
Earnings Share
2.36
Revenue Per Share
18.19
Quarterly Revenue Growth
0.042
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.