Baker Hughes Company (BKR) reported earnings for third quarter that Decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $609 million, or $0.61 per share. This compares with $766 million, or $0.77 per share, last year.
Excluding items, Baker Hughes Company reported adjusted earnings of $678 million or $0.68 per share for the period.
Analysts on average had expected the company to earn $0.62 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.5% to $7.010 billion from $6.908 billion last year.
Baker Hughes Company earnings at a glance (GAAP) :
-Earnings: $609 Mln. vs. $766 Mln. last year.-EPS: $0.61 vs. $0.77 last year.-Revenue: $7.010 Bln vs. $6.908 Bln last year.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.