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Weatherford International Q3 EPS, Revenue Increase; Quarterly Dividend Maintained
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Weatherford International Q3 EPS, Revenue Increase; Quarterly Dividend Maintained
Oct 22, 2024 2:31 PM

05:04 PM EDT, 10/22/2024 (MT Newswires) -- Weatherford International ( WFRD ) reported Q3 net income late Tuesday of $2.06 per diluted share, up from $1.66 a year earlier.

Analysts polled by Capital IQ expected $1.65.

Revenue for the quarter ended Sept. 30 was $1.41 billion, up from $1.31 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.42 billion.

The energy services company's board maintained its quarterly cash dividend at $0.25 per share, payable on Dec. 5 to shareholders of record as of Nov. 6.

Shares of the company were up nearly 5% in recent after-hours activity.

Price: 88.00, Change: +4.03, Percent Change: +4.80

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