Core Viewpoint - Baker Hughes (BKR) is expected to report first-quarter 2025 results on April 22, with adjusted earnings of 70 cents per share in the last quarter, surpassing the Zacks Consensus Estimate of 63 cents, driven by improved operational performance and EBITDA margin [1] Earnings Estimates - The Zacks Consensus Estimate for first-quarter earnings per share is 47 cents, reflecting four downward revisions and no upward revisions in the past 30 days, indicating a 9.3% improvement from the prior year's figure [2] - The estimated revenue for the first quarter is $6.5 billion, representing a 1.5% increase from the previous year [2] Market Factors - Average WTI spot prices for January, February, and March were $75.74, $71.53, and $68.24 per barrel, respectively, indicating a favorable pricing environment for exploration and production companies [3] - The advantageous crude pricing environment is expected to boost demand for oilfield services, with a predicted 1.1% year-over-year increase in BKR's EBITDA from the Oilfield Services and Equipment segment [4] Earnings Whispers - The model indicates a strong likelihood of an earnings beat for BKR, supported by a positive Earnings ESP of +0.95% and a Zacks Rank of 3 [5] Comparable Stocks - Valero Energy Corporation (VLO) has an Earnings ESP of +26.00% and a Zacks Rank of 3, with earnings expected to be $1.57 per share, a 58.9% decrease from the prior year [7] - EQT Corporation (EQT) has an Earnings ESP of +0.78% and a Zacks Rank of 3, with earnings estimated at $1.01 per share, a 23.2% increase from the prior year [9] - Antero Resources Corporation (AR) has an Earnings ESP of +7.65% and a Zacks Rank of 1, with earnings expected at 83 cents per share, indicating a significant 1086% improvement from the prior year [10]
Baker Hughes to Report Q1 Earnings: Here's What You Need to Know