Baker Hughes Company (BKR) reported fourth-quarter adjusted profit per share of $0.25 compared to a loss of $0.07, prior year. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.28, for the quarter. Analysts' estimates typically exclude special items. Adjusted operating income was $571 million, up 23% year-over-year.

Create Account

Dark

chart

exchange

RTTNews | Jan 20, 2022 07:32AM EST

07:32 Thursday, January 20, 2022 (RTTNews.com) - Baker Hughes Company (BKR) reported fourth-quarter adjusted profit per share of $0.25 compared to a loss of $0.07, prior year. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.28, for the quarter. Analysts' estimates typically exclude special items. Adjusted operating income was $571 million, up 23% year-over-year.

Net profit was $294 million or $0.32 per share compared to profit of $653 million or $0.91 per share. Revenue was $5.52 billion compared to $5.50 billion, a year ago. Analysts on average had estimated $5.49 billion in revenue. Orders were $6.7 billion, up 28% year-over-year.

Read the original article on RTTNews ( https://www.rttnews.com/3256238/baker-hughes-posts-adj-profit-in-q4-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved