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The company expects the following in the fiscal 2024 fourth quarter:
- Consolidated sales to be approximately flat compared to prior-year record results.
- CPG sales to increase in the low- to mid-single-digit percentage range compared to prior-year record results.
- PCG sales to be approximately flat compared to prior-year record results.
- SPG sales to decrease in the mid-single-digit percentage range compared to prior-year results.
- Consumer Group sales to decrease in the mid-single-digit percentage range compared to prior-year record results.
- Consolidated adjusted EBIT to increase in the high-single-digit percentage range compared to prior-year record results.
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The company expects the following in the full-year fiscal 2024:
- Consolidated sales to increase near the midpoint of the previous outlook, which was an increase in the low-single-digit percentage range compared to prior-year record results.
- Consolidated adjusted EBIT to increase near the midpoint of the previous outlook, which was an increase in the low-double-digit to mid-teen percentage range compared to prior-year record results.
Baker Hughes: Q3 Earnings Insights
Baker Hughes (NASDAQ:BKR) reported its Q3 earnings results on Wednesday, October 19, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
