What's Next: Baker Hughes's Earnings Preview
Portfolio Pulse from Benzinga Insights
Baker Hughes is set to announce its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $0.61. The company has a history of surpassing estimates, which previously led to a share price increase. Analysts rate Baker Hughes as 'Outperform' with a potential 19.29% upside. The company shows strong gross profit but lags in revenue growth compared to peers.
October 21, 2024 | 2:01 pm
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Baker Hughes is expected to announce its earnings with an estimated EPS of $0.61. The company has a history of beating estimates, which previously led to a share price increase. Analysts rate it as 'Outperform' with a potential 19.29% upside.
Baker Hughes has a track record of surpassing earnings estimates, which has historically led to positive stock price movements. The 'Outperform' rating and potential upside suggest positive market sentiment. The upcoming earnings announcement is highly relevant and important for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100