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Baker Hughes Incorporated (NYSE:BHI) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 39% to $0.61 in the quarter versus EPS of $1.00 in the year-earlier quarter. Revenue Rose 3.02% to $5.49 billion from the year-earlier quarter.
Baker Hughes Incorporated reported adjusted EPS income of $0.61 per share. By that measure, the company missed the mean analyst estimate of $0.65. It beat the average revenue estimate of $5.26 billion.