Investing.com - Weatherford reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Weatherford announced earnings per share of $-2.03 on revenue of $807M. Analysts polled by Investing.com anticipated EPS of $-1.31 on revenue of $774.33M.
Weatherford shares are up 10% from the beginning of the year and are trading at $2.0000 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Weatherford follows other major Energy sector earnings this month
Weatherford's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $-0.18 on revenue of $46.2B, compared to forecasts EPS of $-0.26 on revenue of $45.37B.
Chevron had beat expectations on Friday with third quarter EPS of $0.11 on revenue of $24.45B, compared to forecast for EPS of $-0.26 on revenue of $25.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar