Baker Hughes to Report Q1 Earnings: Here's What You Need to Know

Baker Hughes BKR is set to report first-quarter 2025 results on April 22, after the closing bell.In the last reported quarter, its adjusted earnings of 70 cents per share beat the Zacks Consensus Estimate of 63 cents, primarily driven by higher operational performance across both segments and an improving EBITDA margin.Earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 11.7%. This is depicted in the graph below:Baker Hughes Company Price and EPS Surprise Baker Hughes Company price-eps-surprise | Baker Hughes Company QuoteEstimate TrendThe Zacks Consensus Estimate for first-quarter earnings per share of 47 cents has witnessed four downward revisions and no upward revision in the past 30 days. The estimated figure suggests an improvement of 9.3% from the prior-year reported number.The Zacks Consensus Estimate for revenues of $6.5 billion indicates a 1.5% increase from the year-ago recorded figure.Factors to ConsiderPer the data from the U.S. Energy Information Administration (“EIA”), the average Cushing, OK, WTI spot prices for January, February and March of this year were $75.74, $71.53 and $68.24 per barrel, respectively. Thus, the overall pricing environment was favorable in the first quarter of 2025, as the breakeven costs of the exploration and production companies in the shale plays were significantly lower.The advantageous crude pricing environment is expected to have favored the demand for oilfield services for assisting exploration and production players in efficiently fixing oil and gas wells. Our model predicts BKR’s first-quarter EBITDA from the Oilfield Services and Equipment business segment to increase 1.1% year over year.    Earnings WhispersOur proven model indicates an earnings beat for BKR this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That is the case here, as you will see below.Earnings ESP: Baker Hughes has an Earnings ESP of +0.95%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.Zacks Rank: BKR currently carries a Zacks Rank #3.Stocks to ConsiderHere are some stocks that you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle.Valero Energy Valero Energy Corporation VLO currently has an Earnings ESP of +26.00% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Valero is scheduled to release first-quarter earnings on April 24. The Zacks Consensus Estimate for VLO’s earnings is pegged at $1.57 per share, suggesting a 58.9% decrease from the prior-year reported figure.EQT Corporation EQT Corporation EQT presently has an Earnings ESP of +0.78% and a Zacks Rank #3.EQT is scheduled to release first-quarter earnings on April 22. The Zacks Consensus Estimate for EQT’s earnings is pegged at $1.01 per share, suggesting a 23.2% increase from the prior-year reported figure. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Antero Resources Antero Resources Corporation AR currently has an Earnings ESP of +7.65% and a Zacks Rank #1.Antero Resources is scheduled to release first-quarter earnings on April 30. The Zacks Consensus Estimate for AR’s earnings is pegged at 83 cents per share, suggesting a 1086% improvement from the prior-year reported figure.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Valero Energy Corporation (VLO): Free Stock Analysis Report EQT Corporation (EQT): Free Stock Analysis Report Baker Hughes Company (BKR): Free Stock Analysis Report Antero Resources Corporation (AR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks