Mark your calendars for Tuesday 22nd October 2024, as Weatherford International (NASDAQ: WFRD) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
Financial experts on Wall Street anticipate that the organization is set to announce an estimated $1.72 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $1.43 billion for this specific period.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $1.66. Additionally, the company's overall revenue for that particular period was an impressive $1.31 billion.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $5.69 billion. Furthermore, they expect the business to achieve profit of $6.9 per share during the fiscal year.
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The business has scheduled a conference call on 23rd October 2024 at 08:30 AM eastern time to discuss Q3 financial results.
Weatherford International (WFRD) experienced a trading range of $84.82 to $90.58, along with a total volume of 1.66 million shares during the day. The stock concluded Friday's regular trading session at $85.22, showing fall of 7.13 percent.