Weatherford International (WFTIQ) to Release Earnings on Thursday


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Weatherford International (OTCMKTS:WFTIQ) is scheduled to announce its earnings results before the market opens on Thursday, May 6th. Analysts expect the company to announce earnings of ($1.38) per share for the quarter.

Shares of WFTIQ opened at $0.02 on Wednesday. The stock’s 50-day moving average price is $0.02 and its two-hundred day moving average price is $0.02. Weatherford International has a 12 month low of $0.01 and a 12 month high of $0.05. The company has a quick ratio of 1.45, a current ratio of 2.05 and a debt-to-equity ratio of 1.65.

A number of equities analysts have recently issued reports on WFTIQ shares. Zacks Investment Research lowered Weatherford International from a “buy” rating to a “hold” rating in a research note on Friday, April 16th. Capital One Financial restated an “equal weight” rating on shares of Weatherford International in a research report on Thursday, February 18th.

About Weatherford International

Weatherford International Plc provides equipment and services to the oil and natural gas exploration and production industry. It operates through two segments: Western Hemisphere and Eastern Hemisphere. The firm’s products and services are Drilling and Evaluation, Production, Completions, and Well Construction.

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Earnings History for Weatherford International (OTCMKTS:WFTIQ)

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