The Latest Breaking News from Baker Hughes

Rising energy demand from the reopening global economy in the face of relatively tight oil and natural gas supplies should keep their prices high. So, oil & gas companies Schlumberger (SLB) and Baker Hughes (BKR) should benefit from a favorable industry backdrop. But which of these stocks is a better…

Shares of Baker Hughes (BKR) have generated solid momentum over the past year, fueled by the industry tailwinds. However, BKR’s earnings fell short of the consensus estimate in its last reported quarter, and the company expects pandemic-related disruptions to drag on through the coming months. But with the EIA forecasting…

The index of leading economic indicators for December is scheduled for release at 10:00 a.m. ET. The LEI is projected to increase 0.7% in December following a 1.1% rise in November. The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.

Baker Hughes Co (NASDAQ:BKR) reported fourth-quarter revenue growth of 8% sequentially and flat year-over-year to $5.52 billion, beating the consensus of $5.49 billion. Orders grew by 28% Y/Y to $6.7 billion and were up 24% sequentially. Adjusted EPS improved to $0.25 compared to $(0.07) in 4Q20, missing the consensus of $0.28. GAAP operating…

Baker Hughes (NYSE:BKR) is set to give its latest quarterly earnings report on Thursday, 2022-01-20. Here's what investors need to know before the announcement. Analysts estimate that Baker Hughes will likely report an Earnings Per Share (EPS) of $0.28.