Preview: Weatherford International's Earnings
Portfolio Pulse from Benzinga Insights
Weatherford International (NASDAQ:WFRD) is set to release its latest quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an earnings per share (EPS) of $1.22. The company's past performance shows a trend of share price increase following the earnings release, regardless of whether the EPS estimate was met. The company's shares are currently trading at $92.97, up 146.31% over the last 52-week period.
October 23, 2023 | 6:01 pm
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Weatherford International is expected to announce its Q3 earnings on Oct 24. The company's shares have shown a positive trend following earnings announcements in the past. The stock is currently trading at $92.97, marking a 146.31% increase over the last 52 weeks.
The company's past performance shows a trend of share price increase following the earnings release, regardless of whether the EPS estimate was met. This suggests that the market reacts positively to the company's earnings announcements. Given the current trading price and the 146.31% increase over the last 52 weeks, it is likely that the stock will continue to perform well in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100