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Baker Hughes' Q2 Adjusted Earnings, Revenue Rise; Quarterly Dividend Maintained
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Baker Hughes' Q2 Adjusted Earnings, Revenue Rise; Quarterly Dividend Maintained
Jul 25, 2024 2:41 PM

05:20 PM EDT, 07/25/2024 (MT Newswires) -- Baker Hughes ( BKR ) reported Q2 adjusted diluted earnings late Thursday of $0.57 per share, up from $0.39 a year earlier.

Analysts polled by Capital IQ expected $0.49.

Revenue for the quarter ended June 30 was $7.14 billion, up from $6.32 billion a year earlier.

Analysts polled by Capital IQ expected $6.80 billion.

Meanwhile, the company's board maintained the quarterly dividend at $0.21 per Class A share, payable on Aug. 16 to shareholders of record on Aug. 6.

Shares of the company were 2.5% higher in recent after-hours activity.

Price: 36.45, Change: +0.87, Percent Change: +2.45

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