Baker Hughes: What to Watch for This Earnings Season
Energy analyst Joel South discusses Baker Hughes, the oil equipment and services company set to release earnings on Friday. Although the top line increased by 11% in the first quarter, earnings per share dropped, which could indicate margins are being pinched. Pricing power has diminished domestically for Baker Hughes as well as competitors Halliburton, Schlumberger, and Weatherford. Baker Hughes' earnings report should help investors understand the effect of shrinking domestic margins and international opportunities, so be sure to stay tuned.
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The article Baker Hughes: What to Watch for This Earnings Season originally appeared on Fool.com.Joel South owns shares of Schlumberger and Halliburton. The Motley Fool owns shares of Halliburton. Motley Fool newsletter services recommend Halliburton and Schlumberger. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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