Baker Hughes (BKR) reported Q4 23 earnings, beating profit estimates with an adjusted EPS of $0.51 (est $0.48) and revenue of $6.48B (est $6.92B). The adjusted operating income was $816M (est $817.1M). The positive results were attributed to international demand and LNG investments. In contrast, Kimberly-Clark (KMB) reported Q4 23 earnings in line with expectations, with an adjusted EPS of $1.51 (est $1.53) and net sales of $4.97B (est $4.99B). As a result, KMB stock fell by 4.6% pre-market, overshadowing a dividend boost.
🔴 BAKER HUGHES SEES GLOBAL LNG DEMAND GROWING 2% IN 2024.
Kimberly-Clark Stock Falls. Disappointing Earnings Overshadow Dividend Boost. https://t.co/5d8ziKE1CB
$KMB (-4.6% pre) Kimberly-Clark (NYSE:KMB) Reports Q4 In Line With Expectations https://t.co/LA95qqm5GC
$KMB | Kimberley-Clark Q4 23 Earnings: - Adj EPS $1.51 (est $1.53) - Net Sales $4.97B (est $4.99B)
Oilfield firm Baker Hughes beats profit estimates on international demand, LNG bets #oott https://t.co/nCUruPfa59
Oilfield firm Baker Hughes beats profit estimates on international demand, LNG bets https://t.co/EBkUjhdKEq https://t.co/61r6SghsLv
⚠️ BAKER HUGHES BEATS QUARTERLY PROFIT ESTIMATES Full Story → https://t.co/4lkc49MvZx https://t.co/qyf9Hgr6Hu
$BKR | Baker Hughes Q4 23 Earnings: - Adj EPS: $0.51 (est $0.48) - Revenue: $6.48B (est $6.92B) - Adj Op. Income: $816M (est $817.1M)