Weatherford International (WFRD) to Release Earnings on Tuesday

Weatherford International (NASDAQ:WFRD) is expected to announce its Q2 2026 results after the market closes on Tuesday, July 21st. Analysts expect Weatherford International to announce earnings of $0.92 per share and revenue of $1.0689 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 8:30 AM ET.

Weatherford International (NASDAQ:WFRD) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.47. Weatherford International had a net margin of 9.49% and a return on equity of 28.31%. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period in the prior year, the firm posted $1.03 EPS. The company’s quarterly revenue was down 3.4% on a year-over-year basis. On average, analysts expect Weatherford International to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Weatherford International Price Performance

Shares of NASDAQ WFRD opened at $80.70 on Friday. Weatherford International has a twelve month low of $52.59 and a twelve month high of $113.15. The firm has a fifty day simple moving average of $95.54 and a 200 day simple moving average of $95.64. The company has a market capitalization of $5.79 billion, a PE ratio of 12.63, a P/E/G ratio of 0.93 and a beta of 0.86. The company has a quick ratio of 1.73, a current ratio of 2.31 and a debt-to-equity ratio of 0.83.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Weatherford International by 223.0% during the first quarter. Royal Bank of Canada now owns 122,662 shares of the company’s stock valued at $6,568,000 after acquiring an additional 84,684 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Weatherford International by 129.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 143,703 shares of the company’s stock valued at $7,695,000 after purchasing an additional 81,046 shares during the period. United Services Automobile Association acquired a new stake in Weatherford International in the 1st quarter valued at $258,000. Cetera Investment Advisers increased its stake in Weatherford International by 26.8% during the 2nd quarter. Cetera Investment Advisers now owns 12,764 shares of the company’s stock valued at $642,000 after purchasing an additional 2,695 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Weatherford International by 83.5% during the second quarter. EverSource Wealth Advisors LLC now owns 556 shares of the company’s stock worth $28,000 after buying an additional 253 shares during the last quarter. 97.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WFRD. Raymond James Financial decreased their price target on Weatherford International from $125.00 to $122.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Wall Street Zen cut Weatherford International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Zacks Research lowered Weatherford International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Citigroup cut their price target on Weatherford International from $137.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, June 26th. Finally, Weiss Ratings downgraded shares of Weatherford International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $113.78.

Weatherford International Company Profile

Weatherford International (NASDAQ: WFRD) is a global oilfield services company specializing in the development, design and manufacturing of equipment and technologies for oil and natural gas drilling, evaluation, completion and production. The company’s core offerings include well construction services such as directional drilling and wellbore positioning, well completion solutions that encompass sand control and zonal isolation technologies, and production enhancement services involving artificial lift systems and well intervention tools.

In addition to its comprehensive service lines, Weatherford provides a range of drilling optimization and reservoir evaluation products.