BKR Earnings Prediction
The chart below shows how BKR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BKR sees a -0.97% change in stock price 10 days leading up to the earnings, and a +0.44% change 10 days following the report. On the earnings day itself, the stock moves by +1.49%. This data can give you a slight idea of what to expect for the next quarter's release.
BKR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
7.36B
7.74%
6.60%
Gross Margin
21.77%
2.69%
-2.46%
Operating Margin
13.82%
15.94%
2.67%
Net Margin
16.17%
145.00%
44.38%
EPS
1.18
174.42%
53.25%
No Data Available
BKR Earnings Analysis
Baker Hughes Co Corporation (BKR.O) Earnings Conference Call
Positive
Earnings Per Share Growth: Adjusted earnings per share increased by 37% year-over-year and 47% for the full year, reflecting strong financial performance.
Record EBITDA Margin Expansion: Adjusted EBITDA margins rose by 1.8 percentage points year-on-year to a record 17.8%, driven by significant margin expansion across both segments.
Record Order Total: Total orders for the year reached $13 billion in the Industrial and Energy Technology segment, marking the second highest order total in the company's history.
Free Cash Flow Performance: Free cash flow for the quarter was $230 million, resulting in a free cash flow conversion rate of 49%, near the high end of the target range.
Shareholder Return Commitment: The company returned $130 million to shareholders through dividends and share repurchases, demonstrating a commitment to returning 60% to 80% of free cash flow to shareholders.
Negative
LNG Orders Decline: 65% decline in LNG orders in 2024 compared to 2023, indicating a significant drop in demand for this segment.
Revenue Forecast 2025: Total company revenue for 2025 is expected to be approximately $27.75 billion, which reflects a slight decrease in oilfield service market activity and lower SSPS revenues.
Operating Income Decline: Operating income for the quarter was reported at $6.65 million, which is significantly lower than the adjusted operating income of $1.02 billion, highlighting operational challenges.
Free Cash Flow Target: Free cash flow conversion is targeted at 45% to 50%, indicating potential constraints in cash generation relative to EBITDA performance.
North American Spending Decline: Expected decline in North American spending in the mid-single digit range for 2025, reflecting a cautious outlook in the oilfield services sector.
BKR FAQs
How does BKR typically perform around its earnings report dates?
Is Baker Hughes Co (BKR) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
BKR Earning Call Sentiment
Earnings call transcript: Baker Hughes Q4 2024 beats expectations, stock surges
BKR.O
2.36%Positive
The earnings call highlights strong financial performance with record EBITDA growth, increased dividends, and significant share repurchases, indicating a commitment to shareholder returns. Despite challenges in operational execution and a decline in LNG orders, the company remains optimistic about future growth, particularly in gas infrastructure and turbine markets. The Q&A session reveals management's confidence in achieving financial targets and expanding margins, although some geopolitical uncertainties remain. Overall, the positive financial metrics and shareholder-friendly actions are likely to result in a positive stock price movement.
