Baker Hughes (BKR) Q1 Earnings and Revenues Beat Estimates

Baker Hughes Company (BKR) reported first-quarter 2024 adjusted earnings of 43 cents per share, which beat the Zacks Consensus Estimate of 40 cents. The bottom line also improved from the year-ago quarter’s level of 28 cents.Total quarterly revenues of $6,418 million beat the Zacks Consensus Estimate of $6,341 million. The top line also increased from the year-ago quarter’s level of $5,716 million.Strong quarterly results were primarily driven by significant contracts in the Oilfield Services and Equipment ...