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Baker Hughes beats quarterly profit estimates on oilfield technology demand
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Baker Hughes beats quarterly profit estimates on oilfield technology demand
Jan 30, 2025 2:23 PM

Jan 30 (Reuters) - U.S. oilfield technology firm Baker

Hughes ( BKR ) beat Wall Street estimates for fourth-quarter

profit on Thursday, helped by demand for its industrial and

technology products.

The Houston-based company posted an adjusted profit of 70

cents per share for the three months ended Dec. 31, compared

with analysts' average expectation of 63 cents, according to

estimates compiled by LSEG.

(Reporting by Seher Dareen and Mrinalika Roy in Bengaluru;

Editing by Sriraj Kalluvila)

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