Baker Hughes is about to drop its Q2 earnings—and the mood is tense. Last quarter, they smashed expectations with $6.59B in revenue and strong EPS/EBITDA, but this time, analysts are bracing for a 5.9% revenue dip year-over-year, following a 3.2% drop last year. Despite a sector-wide rally—competitors like World Kinect and Oceaneering are soaring—Baker’s stock has stayed flat. With a $73.32 analyst price target looming, investors are watching closely as history shows they’ve missed revenue marks before.
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