Weatherford International: Q2 Earnings Insights

Weatherford International (NASDAQ:WFRD) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:25 PM. Here's what investors need to know about the announcement.

Weatherford International (NASDAQ:WFRD) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:25 PM.

Here’s what investors need to know about the announcement.

Earnings

Weatherford International beat estimated earnings by 54.17%, reporting an EPS of $-0.11 versus an estimate of $-0.24.

Revenue was up $161.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 4.96% increase in the share price the next day.

To track all earnings releases for Weatherford International visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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