Baker Hughes (NASDAQ:BKR) reported its Q1 earnings results on Wednesday, April 20, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Baker Hughes missed estimated earnings by 25.0%, reporting an EPS of $0.15 versus an estimate of $0.2.
Revenue was up $53.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 1.95% increase in the share price the next day.
Here's a look at Baker Hughes's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.28 | 0.21 | 0.16 | 0.11 |
| EPS Actual | 0.25 | 0.16 | 0.10 | 0.12 |
| Revenue Estimate | 5.49B | 5.32B | 4.95B | 4.80B |
| Revenue Actual | 5.52B | 5.09B | 5.14B | 4.78B |
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.
