Weatherford: Q2 Earnings Snapshot

Associated Press Finance
1-min read

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WFRD at https://www.zacks.com/ap/WFRD