{"url":"https://newsforagent.com/news/2026-10-26/baker-hughes-q3-earnings-preview","markdown_url":"https://newsforagent.com/news/2026-10-26/baker-hughes-q3-earnings-preview.md","title":"Baker Hughes Q3 Earnings Due With 10.9% Revenue Growth Expected","headline":"Baker Hughes to Report Q3 Earnings After the Close, With Analysts Expecting 10.9% Revenue Growth","description":"Baker Hughes will report Q3 earnings after the market close, with analysts expecting revenue growth of 10.9% year on year and an average price target of $70.63.","section":"Earnings & Results","published_at":"2026-10-26T03:39:59+00:00","modified_at":"2026-10-26T03:39:59+00:00","author":"News Desk","key_takeaways":["Baker Hughes will report third-quarter earnings after the market close, with analysts expecting revenue growth of 10.9% year on year.","Baker Hughes reported revenues of $6.74 billion last quarter, down 2.4% year on year, and beat analysts' EPS estimates.","SLB delivered year-on-year revenue growth of 5.8% and Halliburton reported revenues up 1.8% in their third quarters."],"companies":[{"name":"Baker Hughes","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00006k9/baker-hughes","website":"https://www.bakerhughes.com"}],"source":{"publisher":"TradingView","title":"Baker Hughes (BKR) Q3 earnings: what to expect","url":"https://www.tradingview.com/news/stockstory:30ccd3724094b:0-baker-hughes-bkr-q3-earnings-what-to-expect/"},"other_sources":[],"tags":["Earnings & Results","Baker Hughes"],"body_markdown":"[Baker Hughes](https://akta.pro/company-profiles/00006k9/baker-hughes) will report third-quarter earnings after the market close, with analysts expecting revenue growth of 10.9% year on year, according to [TradingView](https://www.tradingview.com/news/stockstory:30ccd3724094b:0-baker-hughes-bkr-q3-earnings-what-to-expect/). The Houston-based energy technology company serves upstream, midstream and industrial customers in more than 120 countries with oilfield services, LNG and turbomachinery equipment, industrial technology and digital platforms.\n\n## Baker Hughes Revenue Growth Expected at 10.9%\n\nBaker Hughes beat analysts' revenue expectations last quarter, reporting revenues of $6.74 billion, down 2.4% year on year. The quarter included a beat of analysts' EPS estimates. This quarter, the market expects Baker Hughes's revenue to grow 10.9% year on year, improving from the 1.5% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Baker Hughes has missed Wall Street's revenue estimates multiple times over the last two years.\n\n## How SLB and Halliburton Reported\n\nAmong Baker Hughes's peers in the oilfield services segment, SLB delivered year-on-year revenue growth of 5.8%, beating analysts' expectations by 1.7%. Halliburton reported revenues up 1.8%, topping estimates by 2.1%, and Halliburton traded up 3.1% following the results. Baker Hughes is heading into earnings with an average analyst price target of $70.63, compared to the current share price of $55.67.\n\n## Baker Hughes Deals and Divestitures on Record\n\nBaker Hughes signed a definitive agreement in June 2026 to sell Waygate Technologies, its industrial inspection business with approximately $630 million in annual revenue and 1,500 employees, to Hexagon AB for approximately $1.45 billion, according to [akta.pro company records](https://akta.pro/company-data). The same records show a June 2026 strategic commercial agreement with Mantle Reach Power targeting up to 500 megawatts of geothermal installed capacity in North America over five years. Baker Hughes also signed a non-exclusive strategic MOU with Worley in May 2026 to pursue integrated, lower-carbon LNG infrastructure projects.\n\n## Rig Counts and Compressor Work Before Earnings\n\nBaker Hughes reported US oil rigs rose 1 to 460 in the week ending October 23, while gas rigs fell 1 to 132, leaving total US rigs unchanged at 603, investingLive reported. Year over year, US oil rigs are up 40 and total rigs up 53, or 9.6%. On October 23, Baker Hughes said it is using Dell Pro Precision with GB300 and NVIDIA AI Physics to build an AI surrogate model for centrifugal compressor simulations, achieving about 363,000 times faster inference than conventional CFD with 99.6% median accuracy in predicting 3D flow fields, according to Ogj. Baker Hughes expanded its Integrated Compressor Line facility in Le Creusot, France, in October 2026 to double production capacity for zero-emission compressors, Trend reported.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}