Weatherford International (WFRD) stock surged nearly 8% following strong Q3 2026 earnings results. The company delivered a double beat with $1.14 billion in revenue matching expectations and basic net income of $1.66 per share significantly exceeding analyst forecasts of $1.30. Despite a year-over-year revenue decline to $1.23 billion, the company achieved 48% growth in net income and 57% growth in adjusted free cash flow, driven by reduced tax provisions and disciplined cost management through its One Weatherford operating strategy.
WFRD
Weatherford International plc · NASDAQ
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4 latestWeatherford (WFRD) reported Q3 2026 earnings of $1.66 per share, beating consensus estimates of $1.21 by 37.19%, with revenues of $1.14 billion slightly exceeding expectations. However, the company received a Zacks Rank #5 (Strong Sell) rating due to unfavorable estimate revision trends ahead of the earnings release. The stock has underperformed the S&P 500 by 13.9% year-to-date, and the Oil and Gas - Field Services industry ranks in the bottom 23% of Zacks industries.
Weatherford (WFRD) is expected to report Q3 2026 earnings of $1.21 per share (up 8% YoY) on revenues of $1.13 billion (down 8.2% YoY). While analysts have recently become more bullish with a +14.29% Earnings ESP, the stock's Zacks Rank #5 rating makes it difficult to predict an earnings beat. The company has a poor recent track record, missing consensus estimates by 40.22% in the last quarter.
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Liberty Energy is expected to report Q3 2026 earnings on October 21 with consensus EPS of $0.11 (up 283.3% YoY) and revenues of $1.19 billion (up 25.5% YoY). However, with an Earnings ESP of 0% and Zacks Rank #3, the stock is not considered a compelling earnings-beat candidate. The company has beaten consensus estimates in 3 of the last 4 quarters.
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