Hess Midstream Partners's Earnings Outlook

Hess Midstream Partners HESM is set to give its latest quarterly earnings report on Wednesday, 2021-10-27. Here's what investors need to know before the announcement.

Analysts estimate that Hess Midstream Partners will likely report an Earnings Per Share (EPS) of $0.38

Hess Midstream Partners bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by 2.33%, which was followed by a 2.91% increase in the share price the next day.

Here's a look at Hess Midstream Partners's past performance and the resulting price change:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.43	0.42	0.35	0.35
EPS Actual	0.44	0.43	0.36	0.31
Price Change %	2.91%	-1.52%	-1.78%	0.23%

eps graph

Stock Performance

Shares of Hess Midstream Partners were trading at $26.38 as of October 25. Over the last 52-week period, shares are up 50.28%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here

HESMHess Midstream LP

$37.30-%

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