Investing.com - Baker Hughes reported third quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.16 on revenue of $5.09B. Analysts polled by Investing.com expected EPS of $0.2138 on revenue of $5.33B. .
For the year, Baker Hughes shares are up 28.87%, outperforming the S&P 500 which is up 20.33% year to date.
Baker Hughes follows other major Energy sector earnings this month
On Tuesday, Halliburton reported third quarter EPS of $0.28 on revenue of $3.86B, compared to forecasts of EPS of $0.2765 on revenue of $3.9B.
GeoPark Ltd earnings missed analyst's expectations on Tuesday, with third quarter EPS of $0.41 on revenue of $187.6M. Investing.com analysts expected EPS of $0.5633 on revenue of $187.5M
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