Guggenheim Starts Baker Hughes (BHI) at Buy

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Baker Hughes, Inc. (BHI) Tops Q2 EPS by 2c

July 17, 2014 6:36 AM EDT

Baker Hughes, Inc. (NYSE: BHI) reported Q2 EPS of $0.92, $0.02 better than the analyst estimate of $0.90. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.86 billion.

"This quarter we delivered record revenue and a 15% sequential increase in adjusted profit from operations," said Martin Craighead, Baker Hughes Chairman and Chief Executive Officer. "Our results reflect improved execution and the rapid deployment... More