Weatherford Int'l Q4 Loss Widens - Quick Facts

(RTTNews) - Weatherford International Ltd. (WFT) reported fourth-quarter net loss attributable to company of $271 million or $0.35 per share, wider than $122 million or $0.16 per share, prior year.

Non-GAAP net income for the latest fourth quarter was $53 million or $0.07 per share, up from $8 million, or $0.01 per share in the comparable quarter last year.

On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.07. Analysts' estimates typically exclude special items.

Net revenue was $3.74 billion, compared to $4.06 billion last year. Analysts expected revenue of $3.83 billion for the quarter.

For fiscal 2014, the company expects earnings to range between $1.10 per share to $1.20 per share.