Weatherford International (WFRD) reported on Tuesday Q1 earnings of $1.03 per diluted share, down from $1.50 a year earlier.
Two analysts polled by FactSet expected $0.88.
Revenue for the quarter ended March 31 was $1.19 billion, down from $1.36 billion a year earlier.
One analyst surveyed by FactSet expected $1.19 billion.
On April 17, the company's board declared a cash dividend of $0.25 per share of ordinary shares, payable on June 5, 2025, to shareholders of record as of May 6, 2025.