Baker Hughes Lifts 2026 Revenue Guidance

MT Newswires Live

Sep 09

Baker Hughes (BKR) said in a regulatory filing Wednesday that it raised its full-year 2026 revenue guidance.

The company now expects full-year revenue in a range of $28.50 billion to $30.30 billion, compared with prior outlook of $26.65 billion to $28.05 billion. Analysts surveyed by FactSet expect $28.03 billion.

The company said it expects 2026 adjusted earnings before interest, taxes, depreciation, and amortization of $4.88 billion to $5.48 billion, compared with $4.6 billion to $5.1 billion previously.

The company reiterated its Q3 and 2026 outlook for its oilfield services and equipment, and industrial and energy technology segments, according to the filing with the US Securities and Exchange Commission.

Price: 64.56, Change: +0.64, Percent Change: +1.00

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