Weatherford (WFRD) Lags Q3 Earnings Estimates

Core Insights - Weatherford (WFRD) reported quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.15 per share, and down from $2.06 per share a year ago, representing an earnings surprise of -2.61% [1] - The company posted revenues of $1.23 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.70%, but down from $1.41 billion year-over-year [2] - Weatherford shares have declined approximately 9.4% year-to-date, contrasting with the S&P 500's gain of 14.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.30 on revenues of $1.2 billion, and for the current fiscal year, it is $5.35 on revenues of $4.78 billion [7] - The estimate revisions trend for Weatherford was favorable prior to the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Oil and Gas - Field Services industry, to which Weatherford belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Kinetik Holdings Inc. (KNTK), another company in the same industry, is expected to report quarterly earnings of $0.39 per share, reflecting a year-over-year increase of +11.4%, with revenues anticipated to be $669.07 million, up 68.8% from the previous year [9][10]