Baker Hughes Q4 adjusted earnings in line with estimatesStaff Writer | January 31, 2019
Baker Hughes reported a profit for its fourth quarter that advanced from last year.
Baker Hughes The company's bottom line came in at $131 million
Excluding items, Baker Hughes reported adjusted earnings of $120 million or $0.26 per share for the period.
Analysts had expected the company to earn $0.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 18.8% to $6.88 billion from $5.79 billion last year. ■