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What to Look for When Baker Hughes (BHI) Reports Q3 Results

NEW YORK (TheStreet) -- Shares of Baker Hughes (BHI) were sliding in mid-afternoon trading on Monday as the oilfield services provider prepares to report 2016 third quarter results on Tuesday.

Before the opening bell, analysts surveyed by FactSet are looking for the Houston-based company to post an adjusted loss of 44 cents per share on revenue of $2.41 billion.

In 2015, Baker Hughes reported an adjusted loss of 5 cents per share on $3.79 billion in revenue in the same period.

Barclays said in a...