Baker Hughes Q3 Adj EPS $0.42 Beats $0.40 Estimate, Sales $6.64B Beat $6.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
Baker Hughes reported Q3 adjusted earnings of $0.42 per share, beating the analyst consensus estimate of $0.40 by 5%. This is a 61.54% increase over earnings of $0.26 per share from the same period last year. The company also reported quarterly sales of $6.64 billion, beating the analyst consensus estimate of $6.53 billion by 1.70%. This is a 23.69% increase over sales of $5.37 billion the same period last year.
October 25, 2023 | 9:02 pm
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Baker Hughes reported a strong Q3 with earnings and sales beating estimates. Earnings increased by 61.54% and sales by 23.69% YoY.
Baker Hughes reported strong Q3 results, beating analyst estimates for both earnings and sales. This indicates a positive financial performance, which is likely to be viewed favorably by investors and could lead to a short-term increase in the company's stock price.
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IMPORTANCE 80
RELEVANCE 100