Gear Up for Baker Hughes (BKR) Q3 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Baker Hughes (BKR) is expected to report quarterly earnings of $0.61 per share, reflecting a 9% decline year-over-year, with revenues projected at $6.83 billion, a decrease of 1.2% compared to the previous year [1] Revenue Estimates - Analysts predict 'Revenue- Oilfield Services & Equipment' to be $3.58 billion, indicating a year-over-year decline of 9.6% [4] - 'Revenue- Industrial & Energy Technology' is estimated to reach $3.26 billion, showing a year-over-year increase of 10.6% [4] - 'Revenue- Gas Technology Services' is projected at $766.52 million, reflecting a 10% increase from the prior year [4] - 'Revenue- Climate Technology Solutions' is expected to be $195.64 million, indicating a 2.4% increase year-over-year [5] - 'Revenue- Oilfield Services & Equipment- International' is forecasted at $2.61 billion, showing a decline of 12.7% [5] - 'Revenue- Oilfield Services & Equipment- North America' is estimated at $948.24 million, reflecting a 2.3% decline [6] - 'Revenue- Oilfield Services & Equipment- International- Europe/CIS/Sub-Saharan Africa' is projected to be $646.65 million, indicating a significant decline of 30.7% [6] - 'Revenue- Oilfield Services & Equipment- International- Middle East/Asia' is expected to reach $1.38 billion, reflecting a 2% decline [7] Orders Estimates - 'Orders - Industrial & Energy Technology' is forecasted to reach $3.20 billion, compared to $2.87 billion reported in the same quarter last year [7] - 'Orders - Total' is expected to be $6.55 billion, slightly down from $6.68 billion year-over-year [7] - 'Orders - Oilfield Services & Equipment' is projected at $3.39 billion, down from $3.81 billion reported in the same quarter last year [8] - 'Orders - Climate Technology Solutions' is expected to be $286.63 million, up from $215.00 million in the same quarter last year [8] Stock Performance - Over the past month, Baker Hughes shares have returned -2.9%, while the Zacks S&P 500 composite has increased by 1.2% [9] - Currently, Baker Hughes holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [9]