Weatherford: Q2 Earnings Snapshot
By AP News
Published - Jul 23, 2024, 04:42 PM ET
Last Updated - Jul 23, 2024, 04:42 PM EDT
HOUSTON (AP) — HOUSTON (AP) — Weatherford International Inc. (WFRD) on Tuesday reported second-quarter profit of $125 million.
On a per-share basis, the Houston-based company said it had net income of $1.66.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share.
The oilfield service company posted revenue of $1.41 billion in the period.
