Weatherford International Q2 GAAP EPS $1.66 Misses $1.74 Estimate, Sales $1.41B Miss $1.42B Estimate

Weatherford International (NASDAQ:WFRD) reported quarterly earnings of $1.66 per share which missed the analyst consensus estimate of $1.74 by 4.6 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 $1.41 billion which missed the analyst consensus estimate of $1.42 billion by 1.06 percent. This is a 10.28 percent increase over sales of $1.27 billion the same period last year.