Benzinga | Jul 22, 2020 07:14AM EDT

Baker Hughes Q2 EPS $(0.05) Miss $0.00 Est., Sales $4.74B Miss $4.80B Estimate

Baker Hughes (NYSE:BKR) reported quarterly losses of $(0.05) per share. This is a 125 percent decrease over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $4.74 billion which missed the analyst consensus estimate of $4.80 billion by 1.33 percent. This is a 20.99 percent decrease over sales of $5.99 billion the same period last year.