Baker Hughes Co Class A
BKR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| sg | LOCK|%< | LOCK|q%>mLYx |
Baker Hughes: Chart Weakness Causes Us to Revise Estimates Downward, but Shares Are Attractive
Baker Hughes third-quarter revenue grew 14% year-on-year to $8.03 billion, though adjusted EBITDA margin contracted 63 basis points due to industrial technology margin headwinds related to project timing, mix, and inflation. The stock fell more than 7% during the trading day.
