Baker Hughes, a GE company Class A (BHGE) Set to Announce Quarterly Earnings on Friday
Baker Hughes, a GE company Class A (NASDAQ:BHGE) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, October 20th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.
Baker Hughes, a GE company Class A (NASDAQ:BHGE) last issued its quarterly earnings data on Friday, July 28th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.27). The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.35 billion. The business’s revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.90) earnings per share. On average, analysts expect Baker Hughes, a GE company Class A to post $0.49 EPS for the current fiscal year and $1.22 EPS for the next fiscal year.
Baker Hughes, a GE company Class A (NASDAQ:BHGE) opened at 33.92 on Friday. Baker Hughes, a GE company Class A has a one year low of $32.43 and a one year high of $40.82. The firm’s market capitalization is $14.52 billion. The company’s 50-day moving average price is $35.64 and its 200 day moving average price is $46.42.
In related news, CFO Brian Worrell acquired 2,801 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The stock was bought at an average price of $35.24 per share, for a total transaction of $98,707.24. Following the transaction, the chief financial officer now owns 2,801 shares of the company’s stock, valued at $98,707.24. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Lorenzo Simonelli acquired 6,100 shares of the business’s stock in a transaction dated Friday, August 18th. The shares were bought at an average price of $32.99 per share, with a total value of $201,239.00. Following the transaction, the insider now directly owns 9,139 shares in the company, valued at approximately $301,495.61. The disclosure for this purchase can be found here. Insiders have bought a total of 13,901 shares of company stock valued at $476,796 in the last quarter.
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