Baker Hughes (BKR) Tops Q3 Earnings and Revenue Estimates

Core Insights - Baker Hughes (BKR) reported quarterly earnings of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.61 per share, and showing a slight increase from $0.67 per share a year ago, resulting in an earnings surprise of +11.48% [1] - The company achieved revenues of $7.01 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.61% and reflecting a year-over-year increase from $6.91 billion [2] - Baker Hughes has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.66, with projected revenues of $7.02 billion, while the estimate for the current fiscal year is $2.40 on revenues of $27.2 billion [7] - The company's stock has gained approximately 15.3% since the beginning of the year, outperforming the S&P 500's gain of 13.9% [3] Industry Context - The Oil and Gas - Field Services industry, to which Baker Hughes belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Baker Hughes' stock may be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]