Weatherford International Q2 Earnings, Revenue Decline

MT Newswires Live

07/22

Weatherford International (WFRD) reported Q2 earnings late Tuesday of $0.55 per diluted share, down from $1.87 a year earlier.

Analysts polled by FactSet expected $0.90.

Revenue for the three months ended June 30 was $1.11 billion, down from $1.20 billion a year earlier.

Analysts expected $1.07 billion.

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