Weatherford International PLC reports results for the quarter ended June 30 - Earnings Summary

Weatherford International

22/07/2025 22:01

Weatherford International PLC WFRD.OQ reported quarterly adjusted earnings of 91 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.66.  The mean expectation of seven analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 86 cents to $1.02 per share.

Revenue fell 14.3% to $1.20 billion from a year ago; analysts expected $1.17 billion.

Weatherford International PLC's reported EPS for the quarter was $1.87​.

The company reported quarterly net income of $136 million.

Weatherford International PLC shares had risen by 6.2% this quarter and lost 25.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 23.7% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Weatherford International PLC is $69.00, about 22.5% above its last closing price of $53.45

This summary was machine generated from LSEG data July 22 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.96
0.91
Missed
Mar. 31 2025
0.86
1.03
Beat
Dec. 31 2024
1.30
1.50
Beat
Sep. 30 2024
1.71
2.06
Beat