Houston, Texas-based Baker Hughes Company (BKR) develops and deploys advanced technologies to serve companies looking for efficient, reliable and cleaner energy solutions. With a market cap of $42.4 billion, Baker Hughes operates as one of the world's largest oilfield service providers. It operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments.
The energy sector giant is set to release its fourth-quarter earnings after the market closes on Thursday, Jan. 30. Ahead of the event, analysts expect Baker Hughes to report a non-GAAP profit of $0.63 per share, up a staggering 23.5% from $0.51 per share reported in the year-ago quarter. Furthermore, the company has surpassed Wall Street’s bottom-line estimates in each of the past four quarters.
