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 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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release