Weatherford International's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Weatherford International (NASDAQ:WFRD) is set to release its quarterly earnings on October 22, 2024. Analysts expect an EPS of $1.77. The company's past performance shows mixed results, with a recent EPS miss leading to a significant share price drop. Despite this, analysts maintain a 'Buy' rating with a potential 74.45% upside. Weatherford's financial metrics, such as revenue growth and net margin, are strong compared to peers.
October 21, 2024 | 4:01 pm
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Weatherford International is expected to announce its quarterly earnings with an anticipated EPS of $1.77. The company's past performance has been mixed, with a recent EPS miss causing a significant share price drop. However, analysts maintain a 'Buy' rating with a potential 74.45% upside.
The upcoming earnings report is crucial for Weatherford International, especially after a previous EPS miss led to a significant share price drop. The market is optimistic, with analysts maintaining a 'Buy' rating and a high potential upside. Positive earnings and guidance could boost the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100