Baker Hughes
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Baker Hughes's revenues will contract -3.5% and EPS will shrink -50.0%.
The average estimate for revenue is $5.20 billion. On the bottom line, the average EPS estimate is $0.61.
Revenue details
Last quarter, Baker Hughes booked revenue of $5.23 billion. GAAP reported sales were 3.2% higher than the prior-year quarter's $5.06 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.73. GAAP EPS of $0.63 for Q3 were 61% lower than the prior-year quarter's $1.61 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 18.0%, 610 basis points worse than the prior-year quarter. Operating margin was 10.0%, 590 basis points worse than the prior-year quarter. Net margin was 5.3%, 860 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $21.10 billion. The average EPS estimate is $3.20.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,182 members out of 1,227 rating the stock outperform, and 45 members rating it underperform. Among 336 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 326 give Baker Hughes a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Baker Hughes is outperform, with an average price target of $55.96.
Is Baker Hughes the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Baker Hughes to My Watchlist.
