Investing.com - Baker Hughes A (NYSE:BKR) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.12 on revenue of $4.78B. Analysts polled by Investing.com expected EPS of $0.1113 on revenue of $4.8B. .
For the year, Baker Hughes A shares are down 6.43%, under-performing the S&P 500 which is up 10.09% year to date.
Baker Hughes A follows other major Energy sector earnings this month
On March 31, Tatneft ADR reported first quarter EPS of $0.8668 on revenue of $2.63B, compared to forecasts of EPS of $1.44 on revenue of $2.49B.
Ovintiv earnings beat analyst's expectations on February 18, with fourth quarter EPS of $0.7034 on revenue of $1.53B. Investing.com analysts expected EPS of $0.5618 on revenue of $1.49B
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