Baker Hughes Company Announces Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/27/2026
- Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
- Oil settles down after choppy session as investors weigh Hormuz talks
- Meta to pay up to $16.68 billion in mass social media settlement
- Anthropic agrees to $45bn cloud computing deal with Nscale - report
- Nutanix (NTNX) Tops Q4 EPS by 11c, Beats in Revenue; Offers Q1 Revenue Guidance
- Boston Scientific discloses cybersecurity incident causing global disruption
- Crude Inventory Rose 0.1 Million Barrels Last Week - EIA
- FDA approves Revolution Medicines pancreatic cancer drug Rasonque
- NVIDIA (NVDA) Tops Q2 EPS by 14c, Offers Guidance
Baker Hughes Company (BKR) Tops Q3 EPS by 1c, Revenues Beat
October 21, 2020 7:03 AM EDTBaker Hughes Company (NYSE: BKR) reported Q3 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $5.05 billion versus the consensus estimate of $4.79 billion.
Orders of $5.1 billion for the quarter, up 4% sequentially and down 34% year-over-yearRevenue of $5.0 billion for the quarter, up 7% sequentially and down 14% year-over-yearGAAP operating loss of $49 million for the quarter, up 6% sequentially and unfavorable year-over-year.Adjusted operating income (a non-GAAP measure) of $234 million for the quarter was favorable sequentially and down 45% year-over-year.GAAP loss per share of $(0.25) for the quarter... More