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Baker Hughes reports Q1 adjusted EPS 58c, consensus 49c

Reports Q1 revenue $6.59B, consensus $6.33B. Reports Q1 orders $8.16B. “Our exceptional first-quarter performance highlights the strength of our portfolio and the momentum we are building as we progress through Horizon 2. Despite significant disruptions in the Middle East, our teams executed at a high level and delivered results that exceeded our guidance range. Although we recognize this achievement, we continue to prioritize the safety and wellbeing of our employees and their families in the region,” said Lorenzo Simonelli, Baker Hughes (BKR) chairman and CEO.

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