Weatherford International Q2 EPS $1.12 Misses $1.13 Estimate, Sales $1.27B Beat $1.23B Estimate
Portfolio Pulse from Benzinga Newsdesk
Weatherford International (NASDAQ:WFRD) reported Q2 earnings of $1.12 per share, missing the analyst consensus estimate of $1.13 by 0.88 percent. However, the company's quarterly sales of $1.27 billion beat the analyst consensus estimate of $1.23 billion by 3.58 percent. This represents a 1118.18 percent increase in earnings and a 19.74 percent increase in sales compared to the same period last year.
July 25, 2023 | 8:33 pm
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Weatherford International's Q2 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
Weatherford International's Q2 earnings missed analyst estimates, which could negatively impact the stock price. However, the company's sales exceeded expectations, which could have a positive effect. The mixed results make the short-term price impact uncertain.
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RELEVANCE 100