Baker Hughes Company Announces Third-Quarter 2024 Results

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CFRA Upgrades Baker Hughes (BKR) to Hold

October 23, 2024 1:49 PM EDT

CFRA analyst Stewar upgraded Baker Hughes (NASDAQ: BKR) from Sell to Hold with a price target of $39.00 (from $30.00).

The analyst comments "Our 12-month target price of $39, up $9, reflects an 8.5x multiple of enterprise value to projected 2025 EBITDA, in line with BKR's historical forward average. We lift... More

Baker Hughes Company (BKR) Tops Q3 EPS by 6c, Revenue Misses

October 22, 2024 5:01 PM EDT

Baker Hughes Company (NASDAQ: BKR) reported Q3 EPS of $0.67, $0.06 better than the analyst estimate of $0.61. Revenue for the quarter came in at $6.9 billion versus the consensus estimate of $7.21 billion.

For earnings history and earnings-related data on Baker Hughes Company (BKR) click here.

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