Summary
BHGE reports quarterly earnings October 25th.
The subsea sector is showing signs of life. It could help BHGE offset any falloff in North America land drilling.
Subpar EBITDA margins remain a cause for concern. I rate BHGE a hold.
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Baker Hughes CEO Lorenzo Simonelli. Source: Houston Chronicle
Baker Hughes, a GE Company (BHGE), reports quarterly earnings October 25th. Analysts expect revenue of $5.66 billion and EPS of $0.2. The revenue estimate implies 2% growth sequentially. Investors should focus on the following key items.
