Baker Hughes Incorporated Earnings: Your Sneak Peek to the Big Announcement

Baker Hughes Incorporated (NYSE:BHI) will report earnings before markets open on Friday, April 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 $0.63 per share on revenues of $5.18 billion. Currently, the company’s P/E ratio stands at 15.49.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.71 to a profit $0.68. For the current year, the average estimate is a profit of $3.06, which is worse than 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 ($) in millions 11,860 9,664 14,410 19,830 21,360
Diluted EPS ($) 5.30 1.36 2.06 3.97 2.97

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

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 5,501 5,355 5,326 5,228 5,452
Diluted EPS ($) 0.72 0.86 1.00 0.63 0.48

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)