The sharp EPS miss and lowered guidance due to Middle East headwinds are the dominant signals, outweighing the modest revenue beat and strong FCF. Traders should monitor geopolitical developments in the region and the outcome of the redomestication vote, as further escalation could pressure the stock. The NCS Multistage acquisition adds near-term uncertainty but may provide long-term portfolio benefits.
Price Chart
Executive Summary
Weatherford reported Q2 2026 GAAP diluted EPS of $0.55, missing the $0.90 consensus by 38.9%, while revenue of $1,105M beat the $1.07B estimate by 3.3%. However, revenue declined 8% YoY, net income plunged 71% YoY, and management lowered full-year guidance citing geopolitical disruption in the Middle East, making this a clear bearish miss.
Key Financial Metrics
Key Facts
- GAAP diluted EPS $0.55 vs consensus $0.90 (miss of 38.9%)
- Revenue $1,105M vs consensus $1,070M (beat of 3.3%)
- Revenue declined 8% YoY; net income declined 71% YoY
- Adjusted EBITDA margin 20.2%, down 92 bps YoY
- Full-year guidance lowered due to Middle East disruption
- Adjusted free cash flow $139M, up 76% YoY
- Shareholder returns of $36M in Q2 ($20M dividends, $16M buybacks)
- Announced acquisition of NCS Multistage (NCSM) and updated redomestication plan to Delaware
Financial Impact
EPS miss of $0.35 per share vs consensus; revenue beat of $35M; net income down $97M YoY
Risk Factors
- Continued geopolitical disruption in the Middle East impacting activity levels
- Execution risk on NCS Multistage integration and redomestication
- Further guidance reductions if regional instability persists
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3330988 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | 8-K | $94.52 $79.63 | ▼ −15.75% | ▼ −16.93% | $78.44 (−17.01%) |
Jul 27, 2026 9w ago | Insider Cluster | $85.92 $88.73 | ▲ +3.27% | ▼ −0.03% | $78.44 (−8.71%) |
Jul 23, 2026 10w ago | 144 | $85.60 $91.24 | ▲ +6.59% | ▲ +3.28% | $78.44 (−8.36%) |
Jul 22, 2026 10w ago | EFFECT | $87.11 $92.26 | ▲ +5.91% | ▲ +3.02% | $78.44 (−9.95%) |
Jul 21, 2026 10w ago | Press Release | $87.11 $92.26 | ▼ −5.91% | ▼ −3.02% | $78.44 (+9.95%) |
Jul 13, 2026 11w ago | Press Release | $82.01 $94.43 | ▲ +15.14% | ▲ +12.65% | $78.44 (−4.35%) |
Jun 11, 2026 16w ago | Press Release | $101.31 $84.36 | ▼ −16.73% | ▼ −18.51% | $78.44 (−22.57%) |
Jun 4, 2026 17w ago | DEFA14A | $103.73 $83.01 | ▼ −19.97% | ▼ −18.60% | $78.44 (−24.38%) |
May 21, 2026 19w ago | Press Release | $110.02 $91.85 | ▼ −16.52% | ▼ −16.85% | $78.44 (−28.70%) |
May 6, 2026 21w ago | Press Release | $108.37 $104.09 | ▼ −3.95% | ▼ −6.73% | $78.44 (−27.62%) |
US Market Status
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