Baker Hughes Publishes Third-Quarter 2026 Earnings Call Transcript
Bitget2026/10/28 14:45- Baker Hughes' third-quarter 2026 earnings call featured CEO Lorenzo Simonelli, CFO Ahmed Moghal and investor relations vice president Chase Mulvehill.
- Management raised full-year IET orders guidance to $21.5 billion-$23.5 billion, lifting its 2026-2028 target above $50 billion.
- Full-year adjusted EBITDA guidance rose to a $5.27 billion midpoint; fourth-quarter adjusted EBITDA is forecast at $1.46 billion.
- Longer equipment delivery schedules imply more modest revenue growth in 2027, with a greater share of backlog converting beyond that year.
- Chart integration actions represent $70 million in annualized savings toward a $325 million target within three years of the acquisition closing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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