Baker Hughes (BHI) Stock Lower in Pre-Market Trading Today After Earnings Miss

April 21, 2015 1:09 PM

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Baker Hughes (BHI) Stock Lower in Pre-Market Trading Today After Earnings Miss

NEW YORK (TheStreet) -- Shares of Baker Hughes (BHI - Get Report) are down by 1.13% to $67.57 in pre-market trading on Tuesday morning, after the oilfield services company reported its 2015 first quarter earnings results, which came in below analysts' expectations.

On a non-GAAP basis Baker Hughes posted an earnings loss of $32 million, or a loss of 7 cents per diluted share. Analysts polled by Thomson Reuters were expecting earnings of 46 cents per share for the latest quarter.

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