Baker Hughes (BKR) Q2 Earnings and Revenues Beat Estimates

Baker Hughes Company (BKR) reported second-quarter 2024 adjusted earnings of 57 cents per share, which beat the Zacks Consensus Estimate of 49 cents. The bottom line also improved from the year-ago quarter's level of 39 cents. The strong quarterly results were primarily driven by significant contracts in its Oilfield Services & Equipment segment, including major contracts with Petrobras and the State Oil Company of Azerbaijan Republic. Additionally, the Industrial & Energy Technology segment's leadership in ...