Baker Hughes Company Announces Fourth Quarter and Total Year 2019 Results
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Baker Hughes Company (BKR) Misses Q4 EPS by 4c, Revenues Miss
January 22, 2020 7:01 AM ESTBaker Hughes Company (NYSE: BKR) reported Q4 EPS of $0.27, $0.04 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $6.35 billion versus the consensus estimate of $6.48 billion.
Orders of $6.9 billion for the quarter, down 11% sequentially and up 1% year-over-yearRevenue of $6.3 billion for the quarter, up 8% sequentially and up 1% year-over-yearGAAP operating income of $331 million for the quarter, up 11% sequentially and down 13% year-over-yearAdjusted operating income (a non-GAAP measure) of $546 million for the quarter, up 30% sequentially and up 10% year-over-yearGAAP diluted earnings per share of $0.07 for the quarter... More