Weatherford International plc (WFRD)

Weatherford International’s fiscal second quarter of 2026 mixed a revenue beat with an EPS miss, with revenue of $1.105 billion topping the $1.069 billion estimate (+3.4%) while EPS of $0.55 trailed the $0.90 estimate (-39%) when it reported results on July 21, 2026. Revenue fell 8.2% year over year to roughly $1.1 billion (down from about $1.2 billion a year ago), alongside net income that dropped 71.3% to around $39 million from about $136 million, and EPS that declined 70.6% from $1.87. Profitability in the quarter included GAAP operating income of about $107 million, with operating margin at ~10%. Weatherford generated about $175 million of operating cash flow, and it returned cash to shareholders through roughly $16 million of share repurchases and about $20 million in dividends. Next-period consensus calls for EPS of $1.24 on revenue of $1.131 billion.