Baker Hughes Incorporated Earnings: What Investors Should Watch

Baker Hughes Incorporated (NYSE:BHI) will report earnings before markets open on Friday, July 19th. Baker Hughes Incorporated supplies reservoir-centered products, services, and systems to the worldwide oil and gas industry. The Company provides products and services for oil and gas exploration, drilling, completion, and production. Baker Hughes also manufactures and markets a variety of roller cutter bits and fixed cutter diamond bits.

Here is your Cheat Sheet to Baker Hughes Incorporated Earnings:

Earnings Expectations: Analysts expect earnings of $0.65 per share on revenues of $5.25 billion. Currently, the company’s P/E ratio stands at 18.14.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.81 and has not changed. For the current year, the average estimate is a profit of $3.05, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Baker Hughes Incorporated has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 11,864 9,664 14,414 19,831 21,361
Diluted EPS ($) 5.30 1.35 2.06 3.97 0.00

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 5,326.00 5,228.00 5,221.00 5,230.00
Diluted EPS ($) 1.00 0.63 0.49 0.60

Past Performance:
Baker Hughes Incorporated has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)