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Weatherford (WFRD) Q2 Earnings and Revenues Top Estimates

Weatherford (WFRD) came out with quarterly earnings of 1.87pershare,beatingtheZacksConsensusEstimateof1.87 per share, beating the Zacks Consensus Estimate of 0.97 per share. This compares to earnings of 1.66pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+92.781.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +92.78%. A quarter ago, it was expected that this oilfield service company would post earnings of 0.89 per share when it actually produced earnings of $1.03, delivering a surprise of +15.73%.Over the last four quarter ...