Leading oilfield services’ company Weatherford International Ltd.’s (NYSE:WFT) first quarter 2012 adjusted earnings of 25 cents per share came in below the Zacks Consensus Estimate of 28 cents. However, the results jumped substantially from the year-earlier earnings of 7 cents, mainly on positive contributions from all its segments.
Total revenue increased 26% year over year to $3,599.0 million, but failed to meet the Zacks Consensus Estimate of $3,664.0 million.
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