Valued at a market cap of $38 billion, Baker Hughes Company (BKR) is a global energy technology leader that provides a portfolio of technologies and services to the energy and industrial value chain. The Houston, Texas-based company offers drilling equipment, subsea systems, and well construction products and services. It also provides industrial solutions such as gas turbines, compressors, condition monitoring, and technologies for carbon capture, hydrogen, and emissions management. It is expected to announce its fiscal Q2 earnings for 2025 after the market closes on Tuesday, Jul. 22.
Ahead of this event, analysts expect this energy technology company to report a profit of $0.55 per share, down 3.5% from $0.57 per share in the year-ago quarter. The company has a solid trajectory of consistently beating Wall Street’s earnings estimates in each of the last four quarters. In Q1, BKR’s EPS of $0.51 outpaced the forecasted figure by 8.5%.
