Weatherford (WFRD) Misses Q2 Earnings and Revenue Estimates

Weatherford (WFRD) came out with quarterly earnings of $1.66 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items. Weatherford, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $1.41 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 1.37%. This compares to year-ago revenues of $1.27 billion. The company has topped consen ...