Weatherford International Q3 EPS $1.66 Beats $1.35 Estimate, Sales $1.143B Beat $1.134B Estimate

Weatherford International (NASDAQ:WFRD) reported quarterly earnings of $1.66 per share which beat the analyst consensus estimate of $1.35 by 22.96 percent. This is a 48.21 percent increase over earnings of $1.12 per share from the same period last year. The company reported quarterly sales of $1.143 billion which beat the analyst consensus estimate of $1.134 billion by 0.81 percent. This is a 7.22 percent decrease over sales of $1.232 billion the same period last year.