Baker Hughes Company (BKR) Q3 2011 Earnings Results

Baker Hughes Beats on EPS, Stock Up 4.54%

Baker Hughes reported a strong earnings per share, exceeding expectations significantly, which led to a positive stock reaction with a 4.54% increase. The company did not provide revenue figures or future guidance, but management's comments suggest a focus on efficiency and cost control moving forward. Investors may view the EPS beat as a sign of resilience in a challenging market environment.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.76	N/A	+36.94%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed satisfaction with the EPS results, highlighting a strong focus on operational efficiency. They emphasized the importance of maintaining cost management in the current market.

We are pleased with our EPS performance this quarter.

Our focus remains on operational efficiency and cost management.

Baker Hughes Beats on EPS, Stock Up 4.54%

Key numbers

Management commentary

Baker Hughes Company

More earnings this week

Baker Hughes Beats on EPS, Stock Up 4.54%

Key numbers

Management commentary