Baker Hughes (BKR) Beats Q2 Earnings and Revenue Estimates

Over the last four quarters, the company has surpassed consensus EPS estimates four times. While Baker Hughes has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? One other stock from the same industry, Drilling Tools International Corp. (DTI) , is yet to report results for the quarter ended June 2024. Baker Hughes (BKR) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.49 per share. This comp ...