Weatherford International PLC expected to post earnings of $1.22 a share - Earnings Preview

Weatherford International

21/10/2023 24:15

* Weatherford International PLC  WFRD.OQ   WFRD.O  is
expected
to show a rise in quarterly revenue when it reports  results 
    * The Houston Texas-based  company is expected to report  a
15.2% increase in revenue to $1.29 billion from $1.12 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Weatherford
International
PLC is for earnings of $1.22 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Weatherford
International PLC is $113​, above​ its last closing price
of $92.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.20        1.13       1.90      Beat    67.9
 Mar. 31 2023  0.86        0.85       0.97      Beat    14.5
 Dec. 31 2022  0.67        0.72       0.99      Beat    37.5​
 Sep. 30 2022  0.33        0.41       0.39      Missed  -3.7
 ​​Jun.        -0.15       -0.15      0.08      Beat    151.6
 30 2022                                                
 Mar. 31 2022  -0.54       -0.54      -0.86     Missed  -57.8​
 Dec. 31 2021  -0.67       -0.67      -2.30     Missed  -243.3
 Sep. 30 2021  -1.15       -1.15      -0.63     Beat    45.2
 This summary was machine generated October 20 at 23:15 GMT.  All
figures in US dollars  unless otherwise stated