Reported Sunday, Baker Hughes Q2 Adj. EPS $0.64 Beats $0.50 Estimate, Sales $6.742B Beat $6.523B Estimate
Baker Hughes (NASDAQ:BKR) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.50 by 28 percent. This is a 1.59 percent increase over earnings of $0.63 per share from the same
Baker Hughes made more money than experts thought it would—they earned $0.64 per share instead of the predicted $0.50, and sold more stuff too. When a company beats what people expected, it might mean the business is running really well and doing better than most people guessed.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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