Baker Hughes Exceeds Q1 Earnings and Revenue Expectations

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Baker Hughes (BKR) reported quarterly earnings of $0.58 per share on April 29, 2026, surpassing the Zacks Consensus Estimate of $0.50 and increasing from $0.51 per share a year ago. The company’s revenue for the quarter was $6.59 billion, exceeding estimates by 3.92%, compared to $6.43 billion in the same quarter last year. This marked the fourth consecutive quarter of surpassing earnings and revenue consensus estimates.

The firm’s shares have risen approximately 37.3% year-to-date, significantly outperforming the S&P 500’s gain of 4.3%. Current consensus EPS estimates for the upcoming quarter stand at $0.55, with projected revenues of $6.58 billion. Baker Hughes holds a Zacks Rank #3 (Hold) as the industry is positioned in the top 23% of over 250 Zacks categories.

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