Weatherford International (NASDAQ:WFRD – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $1.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($0.08), Briefing.com reports. Weatherford International had a net margin of 9.19% and a return on equity of 49.69%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the previous year, the firm posted $1.12 EPS. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year.
Weatherford International Stock Down 3.1 %
NASDAQ:WFRD opened at $117.76 on Friday. Weatherford International has a 1 year low of $78.53 and a 1 year high of $135.00. The company has a current ratio of 2.88, a quick ratio of 1.37 and a debt-to-equity ratio of 1.31. The stock has a market cap of $8.61 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 0.81 and a beta of 0.64. The stock has a 50-day moving average price of $120.56 and a two-hundred day moving average price of $113.03.
Weatherford International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Tuesday, August 13th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, August 13th. This represents a $1.00 dividend on an annualized basis and a yield of 0.85%.
Wall Street Analysts Forecast Growth
Get Our Latest Report on Weatherford International
Weatherford International Company Profile
Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.
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