Weatherford International plc Just Beat EPS By 25%: Here's What Analysts Think Will Happen Next

Simply Wall St.10-26

Last week, you might have seen that Weatherford International plc (NASDAQ:WFRD) released its third-quarter result to the market. The early response was not positive, with shares down 5.7% to US$80.35 ...

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The early response was not positive, with shares down 5.7% to US$80.35 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/weatherford-international-plc-just-beat-135614394.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Weatherford International plc Just Beat EPS By 25%: Here's What Analysts Think Will Happen Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWeatherford International plc Just Beat EPS By 25%: Here's What Analysts Think Will Happen Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-26 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/weatherford-international-plc-just-beat-135614394.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, you might have seen that Weatherford International plc (NASDAQ:WFRD) released its third-quarter result to the market. The early response was not positive, with shares down 5.7% to US$80.35 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/weatherford-international-plc-just-beat-135614394.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WFRD","symbol_name":"Weatherford International PLC","start_time":0,"source_url":"https://finance.yahoo.com/news/weatherford-international-plc-just-beat-135614394.html","article_id":"2478927217","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/bdrdmnPRNBbldbP2ibp37w--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/92d26d55968bddf376addae5e476c381"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478927217","pubTimestamp":1729950974,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Last week, you might have seen that Weatherford International plc  released its third-quarter result to the market. The early response was not positive, with shares down 5.7% to US$80.35 in the past week. It looks like a credible result overall - although revenues of US$1.4b were what the analysts expected, Weatherford International surprised by delivering a  profit of US$2.06 per share, an impressive 25% above what was forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.The biggest concern is that the analysts reduced their earnings per share estimates, sug","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"WFRD":"Weatherford International PLC"},"translate_title":"Weatherford International plc每股收益刚刚超出25%：分析师认为接下来会发生什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WFRD":0.9},"content_text":"Last week, you might have seen that Weatherford International plc (NASDAQ:WFRD) released its third-quarter result to the market. The early response was not positive, with shares down 5.7% to US$80.35 in the past week. It looks like a credible result overall - although revenues of US$1.4b were what the analysts expected, Weatherford International surprised by delivering a (statutory) profit of US$2.06 per share, an impressive 25% above what was forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. \n See our latest analysis for Weatherford International \n\n\n\n  NasdaqGS:WFRD Earnings and Revenue Growth October 26th 2024\n \n\n Following the latest results, Weatherford International's eight analysts are now forecasting revenues of US$5.84b in 2025. This would be a satisfactory 5.4% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to rise 7.4% to US$7.89. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$5.98b and earnings per share (EPS) of US$8.35 in 2025. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a small dip in earnings per share estimates. \n Despite the cuts to forecast earnings, there was no real change to the US$132 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Weatherford International, with the most bullish analyst valuing it at US$155 and the most bearish at US$84.00 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Weatherford International shareholders. \n One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Weatherford International's rate of growth is expected to accelerate meaningfully, with the forecast 4.3% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 3.4% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 5.7% annually. So it's clear that despite the acceleration in growth, Weatherford International is expected to grow meaningfully slower than the industry average. \nThe Bottom Line \n The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Weatherford International. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. The consensus price target held steady at US$132, with the latest estimates not enough to have an impact on their price targets. \n With that in mind, we wouldn't be too quick to come to a conclusion on Weatherford International. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Weatherford International analysts - going out to 2026, and you can see them free on our platform here. \n Don't forget that there may still be risks. For instance, we've identified   2 warning signs for Weatherford International  that you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2478927217"}