Investing.com - Baker Hughes reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.1 on revenue of $5.14B. Analysts polled by Investing.com forecast EPS of $0.1569 on revenue of $4.94B. .
For the year, Baker Hughes shares are up 32%, outperforming the S&P 500 which is up 15.1% year to date.
Baker Hughes follows other major Energy sector earnings this month
On Tuesday, Halliburton reported second quarter EPS of $0.26 on revenue of $3.71B, compared to forecasts of EPS of $0.2211 on revenue of $3.71B.
Riley Exploration Permian earnings matched analyst's expectations on January 1, 1970, with second quarter EPS of $ on revenue of $. Investing.com analysts expected EPS of $ on revenue of $
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