NewzHOUSTON (AP) — HOUSTON (AP) — Weatherford International Inc. (WFRD) on Tuesday reported third-quarter earnings of $120 million. The Houston-based company said it had profit of $1.66 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share. The oilfield service company posted revenue of $1.14 billion in the period, also beating Street forecasts.
Three analysts surveyed by Zacks expected $1.13 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WFRD at https://www.zacks.com/ap/WFRD Source
NEW YORK (AP) — NEW YORK (AP) — Annaly Capital Management Inc. (NLY) on Tuesday reported a loss of $1 billion in its third quarter. On a per-share basis, the New York-based company said it had a loss of $1.36.
Earnings, adjusted for non-recurring costs, came to 80 cents per share. The results surpassed Wall Street expectations. The real estate investment trust posted revenue of $1.97 billion in the period.
Its adjusted revenue was $543.6 million. Access a Zacks stock report on NLY at https://www.zacks.com/ap/NLY Source STARBASE, Texas (AP) — STARBASE, Texas (AP) — SpaceX (SPCX) on Tuesday reported third-quarter earnings of $4.4 billion.
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