Back to News
Apr 27, 2026 12:01 PM

These Analysts Increase Their Forecasts On Baker Hughes After Better-Than-Expected Q1 Results

Baker Hughes Co. (NASDAQ:BKR) reported upbeat first-quarter results after the closing bell on Thursday.

Baker Hughes reported first-quarter adjusted earnings per share of 58 cents, beating the analyst consensus estimate of 49 cents. Quarterly sales of $6.587 billion outpaced the Street view of $6.335 billion.

"Despite significant disruptions in the Middle East, our teams executed at a high level and delivered results that exceeded our guidance range," said CEO Lorenzo Simonelli.

Management expects second-quarter revenue of $6.5 billion and adjusted EBITDA of $1.13 billion, assuming the conflict lasts through June without further escalation.

Baker ...