HOUSTON (AP) — HOUSTON (AP) — Weatherford International Inc. (WFRD) on Tuesday reported first-quarter profit of $108 million.
The Houston-based company said it had profit of $1.49 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The oilfield service company posted revenue of $1.15 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $1.14 billion.
_____
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
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
