Weatherford International PLC reports results for the quarter ended in March - Earnings Summary

Weatherford International

26/04/2023 14:31

* Weatherford International PLC  WFRD.OQ  reported quarterly
adjusted earnings of 97 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for earnings of 85 cents per share.
    * Revenue rose 26.4% to $1.19 billion from a year ago;
analysts
expected $1.12 billion. 
    * Weatherford International PLC's reported EPS for the
quarter was
97 cents​.
    * The mean earnings estimate of analysts had risen by
about 33.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Weatherford International PLC shares had risen by 0.1%
this
quarter and gained 16.7% so far this year.
    * The company reported quarterly net income of $72 million.
    * Wall Street's median 12-month price target for Weatherford
International PLC is $77.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.85           0.97           Beat
 Dec. 31 2022      0.72           0.99           Beat
 Sep. 30 2022      0.41           0.39           Missed
 Jun. 30 2022      -0.15          0.08           Beat