Oilfield services provider Baker Hughes beats Q2 profit estimates
26/07/2026 22:10
Oilfield services provider Baker Hughes beats Q2 profit estimates July 26 (Reuters) - Baker Hughes BKR.O surpassed Wall Street expectations for second-quarter profit on Sunday, as strength in its industrial and energy technology unit offset lower drilling activity caused by disruptions in the Middle East.
The U.S. oilfield services provider posted an adjusted profit of 64 cents per share for the quarter ended June 30, compared with analysts' expectations of 50 cents per share, according to data compiled by LSEG.
(Reporting by Vallari Srivastava and Devika Nair in Bengaluru; Editing by Devika Syamnath and Cynthia Osterman)
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