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Weatherford International PLC (WFRD) is set to release its earnings performance on 10/22 04:00:00 in After Hours trading. Consensus forecasts predict a revenue of 1.42B and an earnings per share (EPS) of 1.65 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
The earnings call presents a mixed picture: strong EBITDA margin improvements and cost optimization are positives, but revenue declines and market headwinds in key regions are concerning. The Q&A highlights cautious optimism, particularly in Mexico and Saudi Arabia, but also reveals uncertainties in pricing pressures and future spending. The positive aspects are counterbalanced by the cautious guidance and market challenges, leading to a neutral sentiment.
The earnings call revealed mixed signals: strong free cash flow and liquidity, but challenges in Saudi Arabia and Mexico. The Q&A highlighted uncertainties in cash flow improvements and pricing pressures, although there's optimism in technology and M&A strategies. The guidance shows moderate growth, tempered by tariff impacts. The stock is expected to remain stable over the next two weeks, with no major catalysts for a significant move.
The earnings call reveals several negative factors: headcount reductions, uncertain customer spending, potential revenue decline, and unclear management responses in the Q&A. Despite stable dividends and share repurchases, the guidance reduction and market conditions indicate a negative outlook. The stock is likely to react negatively, with a potential decline of -2% to -8% over the next two weeks.
The earnings call highlights several challenges: revenue declines in North America and international markets, significant activity drops in Mexico and Russia, and near breakeven free cash flow in Q1. While there are positive elements like share repurchases and strong liquidity, the negative market outlook and management's unclear responses on recovery timelines overshadow these. The Q&A section further emphasizes the challenges in Mexico and Russia, and the inability of Saudi growth to offset these declines. Overall, the sentiment leans negative, likely leading to a stock price decline.
Weatherford International PLC (WFRD) is scheduled to release its FY2024Q3 earnings report onOct 22, 2024, After Hours(approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
Analysts' consensus predicts 1.42B in revenue and an EPS of 1.65 for Weatherford International PLC's FY2024Q3.
Intellectia's exclusive AI algorithms forecast a forWeatherford International PLC's FY2024Q3 earnings, with a prediction date of Oct 22, 2024. Weatherford International PLC
Leverage Intellectia's AI forecast to position trades ahead of theOct 22, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2024-2025 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
Each prediction includes a detailed rationale, key indicator forecasts, and scenario probabilities to guide your trades. For a *Beat*, consider buying call options or shares; for a *Miss*, explore puts or hedging strategies. The prediction card provides actionable suggestions, like specific option strikes or hedging tips, tailored to your risk tolerance. Trade smart and turn insights into profits!