Compared to Estimates, Baker Hughes (BKR) Q4 Earnings: A Look at Key Metrics

Core Insights - Baker Hughes (BKR) reported revenue of $7.36 billion for the quarter ended December 2024, reflecting a year-over-year increase of 7.7% and surpassing the Zacks Consensus Estimate by 3.81% [1] - The company's EPS for the quarter was $0.70, up from $0.51 in the same quarter last year, exceeding the consensus estimate of $0.63 by 11.11% [1] Financial Performance - Total orders for Baker Hughes amounted to $7.50 billion, slightly below the average estimate of $7.73 billion [4] - Oilfield Services & Equipment orders were reported at $3.74 billion, compared to an average estimate of $4.63 billion [4] - Revenue from Oilfield Services & Equipment in North America was $971 million, exceeding the average estimate of $857.38 million, but showing a year-over-year decline of 4.6% [4] - Revenue from Industrial & Energy Technology reached $3.49 billion, surpassing the average estimate of $3.27 billion, with a year-over-year increase of 21.3% [4] - Revenue from Gas Technology Equipment was $1.66 billion, exceeding the average estimate of $1.47 billion, reflecting a year-over-year increase of 37.9% [4] Stock Performance - Baker Hughes shares have returned +10.7% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]