Weatherford International PLC reports results for the quarter ended June 30 - Earnings Summary
Weatherford International PLC reports results for the quarter ended June 30 - Earnings Summary
Weatherford International PLC WFRD.OQ reported quarterly adjusted earnings of 55 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of eleven analysts for the quarter was for earnings of 92 cents per share. Wall Street expected results to range from 75 cents to $1.15 per share.
Revenue fell 8.2% to $1.11 billion from a year ago; analysts expected $1.07 billion.
Weatherford International PLC's reported EPS for the quarter was 55 cents.
The company reported quarterly net income of $39 million.
Weatherford International PLC shares had fallen by 4.0% this quarter and lost 0.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 13.9% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 $116.50, about 32.9% above its last closing price of $78.20
This summary was machine generated from LSEG data July 21 at 09:43 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 2026 | 0.92 | 0.55 | Missed |
Mar. 31 2026 | 1.05 | 1.49 | Beat |
Dec. 31 2025 | 1.42 | 1.90 | Beat |
Sep. 30 2025 | 1.15 | 1.12 | Missed |
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