Compared to Estimates, Baker Hughes (BKR) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2024, Baker Hughes (BKR) reported revenue of $7.36 billion, up 7.7% over the same period last year. EPS came in at $0.70, compared to $0.51 in the year-ago quarter.The reported revenue represents a surprise of +3.81% over the Zacks Consensus Estimate of $7.09 billion. With the consensus EPS estimate being $0.63, the EPS surprise was +11.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Baker Hughes performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Orders - Oilfield Services & Equipment: $3.74 billion compared to the $4.63 billion average estimate based on three analysts. Orders - Total: $7.50 billion compared to the $7.73 billion average estimate based on three analysts. Orders - Industrial & Energy Technology: $3.76 billion versus $3.09 billion estimated by three analysts on average. Revenue- Oilfield Services & Equipment- International: $2.90 billion compared to the $2.94 billion average estimate based on two analysts. The reported number represents a change of -1.3% year over year. Revenue- Oilfield Services & Equipment- North America: $971 million compared to the $857.38 million average estimate based on two analysts. The reported number represents a change of -4.6% year over year. Revenue- Oilfield Services & Equipment: $3.87 billion compared to the $3.83 billion average estimate based on six analysts. The reported number represents a change of -2.2% year over year. Revenue- Industrial & Energy Technology: $3.49 billion versus the six-analyst average estimate of $3.27 billion. The reported number represents a year-over-year change of +21.3%. Revenue- Oilfield Services & Equipment- Production Solutions: $974 million versus the four-analyst average estimate of $962.87 million. The reported number represents a year-over-year change of -1.6%. Revenue- Oilfield Services & Equipment- Subsea & Surface Pressure Systems: $932 million versus $767.32 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +23% change. Revenue- Gas Technology Equipment: $1.66 billion versus the four-analyst average estimate of $1.47 billion. The reported number represents a year-over-year change of +37.9%. Revenue- Total Gas Technology: $2.46 billion compared to the $2.23 billion average estimate based on four analysts. The reported number represents a change of +28.1% year over year. Revenue- Total Industrial Technology: $830 million compared to the $850.29 million average estimate based on four analysts. View all Key Company Metrics for Baker Hughes here>>>Shares of Baker Hughes have returned +10.7% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant 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 Baker Hughes Company (BKR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks