Weatherford International Ltd. (WFT) reported a wider loss in the fourth quarter of $122 million, or $0.16 per share from $13 million, or $0.02 per share in the same quarter last year.
Net revenues for the quarter rose 9 percent to $4.058 billion from $3.710 billion in the prior year quarter.
21 analysts, on average, polled by Thomson Reuters expect the company to report revenues of $3.78 billion for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.