Baker Hughes (NYSE: BHI) is expected to report Q1 earnings on April 19. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Baker Hughes's revenues will contract -3.4% and EPS will shrink -26.7%.

The average estimate for revenue is $5.17 billion. On the bottom line, the average EPS estimate is $0.63.

Revenue details
 Last quarter, Baker Hughes chalked up revenue of $5.22 billion. GAAP reported sales were 0.7% lower than the prior-year quarter's $5.70 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 $0.62. GAAP EPS of $0.48 for Q4 were 32% lower than the prior-year quarter's $0.71 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 17.3%, 610 basis points worse than the prior-year quarter. Operating margin was 8.9%, 640 basis points worse than the prior-year quarter. Net margin was 3.8%, 170 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $21.49 billion. The average EPS estimate is $3.05.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,168 members out of 1,212 rating the stock outperform, and 44 members rating it underperform. Among 283 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 273 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 hold, with an average price target of $48.78.

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