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BRIEF-Weatherford International Q3 loss per share $0.26
November 1, 2017 / 11:06 AM / 18 days ago

BRIEF-Weatherford International Q3 loss per share $0.26

Nov 1 (Reuters) - Weatherford International Plc

* Weatherford reports third quarter 2017 results

* Q3 revenue $1.46 billion versus I/B/E/S view $1.48 billion

* Q3 loss per share $0.26

* Q3 earnings per share view $-0.24 -- Thomson Reuters I/B/E/S

* Weatherford International Plc - ‍specific actions to achieve $300 million in cost savings are already underway​

* Weatherford International Plc - qtrly non-GAAP diluted net loss of $0.22 per share​

* Weatherford International Plc - with negative free cash flow during quarter, co’s “highest priority is free cash flow generation”​

* Weatherford -‍sequentially, Q3 north america revenue up 13% due to higher U.S. Average land rig count, seasonal recovery from spring break-up in Canada​

* Weatherford International - initiated transformation program targeting improvements in results of about $1 billion, with timeline of 18-24 mnths ‍​ Source text for Eikon: Further company coverage:

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