With a market cap of $35.4 billion, Baker Hughes Company (BKR) is one of the world’s largest oilfield service providers, delivering integrated oilfield products, digital solutions, and industrial technologies to the global energy and industrial sectors. Through its Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments, it supports traditional oil and gas operations while expanding into clean energy solutions like LNG to enhance efficiency, reduce costs, and lower environmental impacts.
The Houston, Texas-based company is expected to announce its fiscal Q1 2025 earnings results after the market closes on Tuesday, Apr. 22. Ahead of this event, analysts expect BKR to report a profit of $0.48 per share, up 11.6% from $0.43 per share in the previous year's quarter. It has surpassed Wall Street's bottom-line estimates in the past four quarters. In Q4 2024, BKR beat the consensus EPS estimate by 11.1%.
.png?w=600)
