Baker Hughes (BKR) Tops Q1 Earnings and Revenue Estimates

Baker Hughes (BKR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.50%. A quarter ago, it was expected that this oilfield services company would post earnings of $0.47 per share when it actually produced earnings of $0.51, delivering a surprise of 8.51%.Over the last four quarters, ...