Baker Hughes Earnings Under Pressure | Business and Finance News

Baker Hughes is about to drop its Q2 earnings—and the mood is tense. Last quarter, they smashed expectations with $6.59B in revenue and strong EPS/EBITDA, but this time, analysts are bracing for a 5.9% revenue dip year-over-year, following a 3.2% drop last year. Despite a sector-wide rally—competitors like World Kinect and Oceaneering are soaring—Baker’s stock has stayed flat. With a $73.32 analyst price target looming, investors are watching closely as history shows they’ve missed revenue marks before. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/32d415dc393a1dd9