Baker Hughes Co - Ordinary Shares - Class A

NASDAQ:BKR   3:59:59 PM EDT
21.27
+0.51 (+2.46%)
Restructuring / Reorganization, Earnings Announcements

Baker Hughes Announces Simplified Organization To Enhance Profitability And Position For Growth

Published: 09/06/2022 12:29 GMT
Baker Hughes Co - Ordinary Shares - Class A (BKR) - Baker Hughes Announces Simplified Organization to Enhance Profitability and Position for Growth.
Baker Hughes Co - Establishing Two Reporting Business Segments: Oilfield Services & Equipment (ofse) and Industrial & Energy Technology.
Baker Hughes Co - Expecting to Deliver at Least $150 Million in Cost Reductions, Maximizing Shareholder Value.
Baker Hughes Co - Restructuring Its Four Product Companies to Focus on Two Reporting Business Segments.
Baker Hughes Co - Streamlining Its Corporate Structure.
Baker Hughes Co - Will Also Be Making Changes to Its Management Team Reporting to Lorenzo Simonelli.
Baker Hughes Co - Changes Will Simplify Operations.
Revenue is expected to be $5.48 Billion
Adjusted EPS is expected to be $0.25

Next Quarter Revenue Guidance is expected to be $6.22 Billion
Next Quarter EPS Guidance is expected to be $0.41

More details on our Analysts Page.