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Here's What Key Metrics Tell Us About Baker Hughes (BKR) Q1 Earnings
Baker HughesBaker Hughes(US:BKR) ZACKSยท2025-04-24 14:35

Core Insights - Baker Hughes reported revenue of $6.43 billion for the quarter ended March 2025, a slight year-over-year increase of 0.1% [1] - The company's EPS for the same period was $0.51, up from $0.43 a year ago, exceeding the consensus estimate of $0.47 by 8.51% [1] - Revenue fell short of the Zacks Consensus Estimate of $6.51 billion, resulting in a surprise of -1.31% [1] Financial Performance - Total orders for the quarter were $6.46 billion, slightly above the average estimate of $6.43 billion [4] - Orders in the Industrial & Energy Technology segment were $3.18 billion, exceeding the $3.09 billion estimate [4] - Oilfield Services & Equipment orders were $3.28 billion, below the $3.42 billion estimate [4] Segment Revenue Analysis - Revenue from Oilfield Services & Equipment International was $2.58 billion, a decline of 7.7% year-over-year, and below the $2.62 billion estimate [4] - North America Oilfield Services & Equipment revenue was $922 million, slightly above the $917.32 million estimate, representing a year-over-year decrease of 6.9% [4] - Revenue from Climate Technology Solutions surged to $178 million, a significant increase of 114.5% year-over-year, surpassing the $146.53 million estimate [4] Stock Performance - Baker Hughes shares have declined by 18.5% over the past month, compared to a 5.1% decline in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]