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Article: Weatherford Reports Fourth Quarter Income From Continuing Operations of $0.90 Per Diluted Share; Diluted Earnings per Share From Continuing Operations of $0.55, Excluding Gain on Sale of Universal Common Stock.

Article from:
PR Newswire
Article date:
February 7, 2005
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Weatherford International Ltd. today reported 2004 fourth quarter revenues of $882.6 million and income from continuing operations of $132.9 million, or $0.90 per diluted share. Fourth quarter results include a gain of $52.4 million, or $0.35 per diluted share, relating to the sale of four million shares of Universal Compression Holdings, Inc.'s common stock. Excluding the gain, fourth quarter results were $0.55 per diluted share from continuing operations, a 53 percent improvement over fourth quarter 2003 diluted earnings per share of $0.36.

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Revenues and operating income in the ...

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