In the following video, analyst Joel South talks about Baker Hughes' strong second quarter where revenue increased 12% quarter over quarter and EPS beat analyst estimates by $0.23. The market generously rewarded the company with a 9% jump on Friday. As investors look forward, can Baker Hughes carry the momentum into the second half of 2012? To do so, international revenues and margins need to keep growing while domestic margins need to hold steady and begin to start trending upward. Check out the video below for more information.
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The article Will Baker Hughes Have a Strong Second Half? originally appeared on Fool.com.
Joel South owns shares of Halliburton. The Motley Fool owns shares of Halliburton. Motley Fool newsletter services recommend Halliburton. 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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