Weatherford International PLC Ordinary Shares - New
WFRD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| f&^ | LOCK|&^$ | LOCK|y#Q$W@y |
Weatherford Earnings: Managed Well Despite Iran War Headwinds; Fair Value Up 8% to $90
Weatherford's first-quarter revenue declined 3% year on year to $1.15 billion, while adjusted EBITDA margin declined 98 basis points to 20.2%. Revenue was in line with expectations and EBITDA disappointed, though cash collections were much better than what we were expecting.
