Baker Hughes Company (BKR) Tops Q2 EPS by 8c
Baker Hughes Company (NASDAQ: BKR) reported Q2 EPS of $0.57, $0.08 better than the analyst estimate of $0.49. Revenue for the quarter came in at $7.14 billion versus the consensus estimate of $6.81 billion.
- "Our strong second-quarter results further demonstrate that we are on the right path in executing our strategy. We continue to strengthen our operating performance, which is driving meaningful margin expansion across both segments. Following our first-half outperformance, we are raising the midpoint of our full-year guidance by 5% and are confident in our ability to drive margins structurally higher over the coming years," said Lorenzo Simonelli, Baker Hughes Chairman and Chief Executive Officer.
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