Weatherford International Earnings Preview
Portfolio Pulse from Benzinga Insights
Weatherford International (NASDAQ:WFRD) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $1.13. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. The stock is currently trading at $75.04, up 307.32% over the last 52-week period.
July 24, 2023 | 3:02 pm
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Weatherford International's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, which has previously led to increases in share price.
Weatherford International's stock price has historically increased following the release of its earnings reports, particularly when the company beats EPS estimates. Given that analysts are predicting an EPS of $1.13 for the upcoming report, if the company beats this estimate, it could potentially lead to a short-term increase in the stock price.
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