View all Key Company Metrics for Baker Hughes here>>> As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Baker Hughes performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Baker Hughes (BKR) reported $6.43 billion in revenue for the quarter ended March 2025, representing a year- over ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 For the transition period from_________to__________ Commission File Number 1-38143 Baker Hughes Company ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE (Exact name of registrant as specified in its charter) ACT OF 1934 Delaware 81-4403168 (State or oth ...

Baker Hughes Company (NASDAQ:BKR) Q1 2025 Earnings Conference Call April 23, 2025 9:30 AM ET Company Participants Chase Mulvehill - Vice President, Investor Relations Lorenzo Simonelli - Chairman and CEO Ahmed Moghal - Executive Vice President & Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Stephen Gengaro - Stifel Scott Gruber - Citigroup Saurabh Pant - Bank of America David Anderson - Barclays Operator Good day, ladies and gentlemen, and welcome to the Baker Hughes Company F ...

Baker Hughes (BKR) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.51%. A quarter ago, it was expected that this oilfield services company would post earnings of $0.63 per share when it actually produced earnings of $0.70, delivering a surprise of 11.11%.Over the last four quarters, ...

Financial Performance - Revenue for the quarter was $6.4 billion, consistent year-over-year, but a decrease of 13% sequentially [20]. - Attributable net income was $402 million, down 66% sequentially and 12% year-over-year [5]. - Adjusted EBITDA for the quarter was $1,037 million, up 10% year-over-year but down 21% sequentially [23]. - OFSE revenue for Q1 2025 was $3,499 million, down 10% sequentially and 8% year-over-year [30]. - IET revenue for Q1 2025 was $2,928 million, an increase of 11% year-over-year, led by Gas Technology Equipment, which rose 20% [33]. - Adjusted net income attributable to Baker Hughes for Q1 2025 was $509 million, compared to $694 million in Q1 2024 [38]. - Revenue for the three months ended March 31, 2025, was $6,427 million, a slight increase from $6,418 million in the same period of 2024, representing a growth of 0.14% [41]. - Net income attributable to Baker Hughes Company for Q1 2025 was $402 million, down from $455 million in Q1 2024, reflecting a decrease of 11.65% [41]. - Basic income per Class A common stock decreased to $0.41 in Q1 2025 from $0.46 in Q1 2024, a decline of 10.87% [41]. Orders and Backlog - Total orders for the first quarter of 2025 were $6.5 billion, including $3.2 billion from the Industrial & Energy Technology (IET) segment [5]. - Remaining Performance Obligations (RPO) totaled $33.2 billion, with IET RPO at a record $30.4 billion [25]. - OFSE orders for Q1 2025 were $3,281 million, a decrease of 12% sequentially and 9% year-over-year [30]. - IET orders for Q1 2025 increased to $3,178 million, up 9% year-over-year, driven by a 17% increase in Gas Technology [33]. Cash Flow and Assets - Cash flow from operating activities was $709 million, while free cash flow was $454 million [26]. - Free cash flow for Q1 2025 was $454 million, down from $894 million in Q1 2024 [39]. - Total current assets decreased to $16,841 million as of March 31, 2025, from $17,211 million at the end of 2024, a reduction of 2.15% [44]. - Cash and cash equivalents at the end of Q1 2025 were $3,277 million, down from $3,364 million at the end of 2024, a decrease of 2.58% [44]. - Net cash flows provided by operating activities for Q1 2025 were $709 million, compared to $784 million in Q1 2024, a decline of 9.55% [46]. Dividends and Shareholder Returns - Dividends paid in Q1 2025 increased to $229 million from $210 million in Q1 2024, an increase of 9.05% [46]. - The company reported a total of 990 million outstanding Class A common stock shares as of March 31, 2025, unchanged from the previous period [44]. Segment Performance - Segment EBITDA for Q1 2025 was $623 million, a decrease of 18% sequentially, primarily due to lower volume [31]. - Segment EBITDA for IET was $501 million in Q1 2025, reflecting a 30% increase year-over-year due to productivity and positive pricing [34]. - EBITDA margin for OFSE was 17.8% in Q1 2025, down from 19.5% in Q4 2024 [30]. Strategic Developments - The company secured a liquefaction train award from Bechtel for a North America LNG project, enhancing its LNG leadership position [9]. - Baker Hughes signed strategic agreements with LNG operators, including NextDecade and Argent LNG, to provide gas turbines and refrigerant compressor technology [10]. - The company made significant progress in deploying sustainable power solutions for data centers, including over 350 MW of NovaLT™ turbines [12]. - Baker Hughes received a multi-year contract from ExxonMobil Guyana for specialty chemicals and related services in offshore developments [16]. Research and Development - Research and development costs decreased to $146 million in Q1 2025 from $164 million in Q1 2024, a reduction of 10.98% [41]. Liabilities - Total liabilities decreased to $20,880 million as of March 31, 2025, from $21,020 million at the end of 2024, a decrease of 0.67% [44].

First-quarter highlights Orders of $6.5 billion, including $3.2 billion of IET orders.RPO of $33.2 billion, including record IET RPO of $30.4 billion.Revenue of $6.4 billion, consistent year-over-year.Attributable net income of $402 million.GAAP diluted EPS of $0.40 and adjusted diluted EPS* of $0.51.Adjusted EBITDA* of $1,037 million, up 10% year-over-year.Cash flows from operating activities of $709 million and free cash flow* of $454 million.Returns to shareholders of $417 million, including $188 million ...

Baker Hughes (BKR) is set to report first-quarter 2025 results on April 22, after the closing bell.In the last reported quarter, its adjusted earnings of 70 cents per share beat the Zacks Consensus Estimate of 63 cents, primarily driven by higher operational performance across both segments and an improving EBITDA margin.Earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 11.7%. This is depicted in the graph below:Estimate TrendThe Zacks C ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Baker Hughes, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Baker Hughes is expected to report quarterly earnings of $0.47 per share, reflecting a +9.3% year-over-year change, with revenues projected at $6.51 billion, up 1.5% from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised 1.45% lower in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.95%, indicating a likelihood of beating the consensus EPS estimate [10][11] Historical Performance - Baker Hughes has consistently beaten consensus EPS estimates, achieving this in the last four quarters, including a +11.11% surprise in the most recent quarter [12][13] Investment Considerations - While a positive earnings surprise is a strong indicator of potential stock performance, other factors may also influence stock movement post-earnings release [14][16]

Baker Hughes (BKR) shares soared 10.7% in the last trading session to close at $38.75. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.4% loss over the past four weeks.Oil prices have bounced back as investors remain hopeful that an energy market downturn is unlikely, thanks to a broader market recovery following President Donald Trump's move to pause "reciprocal" tariff hikes and implement a lower 10% tariff rate for most cou ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Baker Hughes (BKR) . This company, which is in the Zacks Oil and Gas - Field Services industry, shows potential for another earnings beat.This oilfield services company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 1 ...