financetom
Business
financetom
/
Business
/
Baker Hughes beats second-quarter profit estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Baker Hughes beats second-quarter profit estimates
Jul 25, 2024 2:40 PM

July 25 (Reuters) - Oilfield services firm Baker Hughes ( BKR )

beat analysts' estimates for second-quarter profit on

Thursday, powered by higher demand for its drilling services and

equipment in international markets.

The company reported an adjusted profit of 57 cents per

share for the three months ended June 30, compared with

analysts' average estimate of 49 cents, according to LSEG data.

(Reporting by Tanay Dhumal in Bengaluru; Editing by Sriraj

Kalluvila)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
North America Leads Stellantis Shipment Growth With 35% Surge
North America Leads Stellantis Shipment Growth With 35% Surge
Oct 10, 2025
Tesla rival Stellantis N.V. ( STLA ) shares are rising in premarket trading Friday. The company reported a 13% year-over-year (Y/Y) increase in third-quarter shipments to 1.3 million units. The growth was led by the performance of North America, as well as Enlarged Europe and the Middle East & Africa. North America experienced a strong rebound in the quarter, with...
European Commission reviews child safety on Snapchat, YouTube, app stores
European Commission reviews child safety on Snapchat, YouTube, app stores
Oct 10, 2025
BRUSSELS, Oct 10 (Reuters) - The European Commission is scrutinising safeguards for minors on Snapchat, YouTube, the Apple App Store and Google Play under its Digital Services Act, it said on Friday. ...
Velan Swings to Q2 Net Loss; Declares Dividend of C$0.10
Velan Swings to Q2 Net Loss; Declares Dividend of C$0.10
Oct 10, 2025
06:49 AM EDT, 10/10/2025 (MT Newswires) -- Velan ( VLNSF ) , a manufacturer of industrial valves, overnight Thursday reported a swing to net loss and a fall in sales in the second quarter. For the three-months ended August 31, the company reported net loss of US$2.4 million or $0.11 loss per basic and diluted share, compared with a net...
BMO on The Day in Canada
BMO on The Day in Canada
Oct 10, 2025
07:28 AM EDT, 10/10/2025 (MT Newswires) -- The Canadian Labour Force Survey (LFS) for September is the key release on Friday at 8:30 a.m. ET, said Bank of Montreal (BMO). The bank looks for the Canadian economy to add 5,000 jobs in September, a modest increase following two months of significant losses totalling over 106,000. However, the return to job...
Copyright 2023-2026 - www.financetom.com All Rights Reserved