Baker Hughes BKR reported its Q3 earnings results on Wednesday, October 19, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Baker Hughes beat estimated earnings by 4.0%, reporting an EPS of $0.26 versus an estimate of $0.25.
Revenue was up $276.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 3.75% drop in the share price the next day.
Here's a look at Baker Hughes's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.22 | 0.20 | 0.28 | 0.21 |
EPS Actual | 0.11 | 0.15 | 0.25 | 0.16 |
Revenue Estimate | 5.34B | 5.03B | 5.49B | 5.32B |
Revenue Actual | 5.05B | 4.83B | 5.52B | 5.09B |
To track all earnings releases for Baker Hughes visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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