Weatherford (WFT +3.9%) missed on its Q1 earnings and revenues, and lowered Q2 estimates, but...

|About: Weatherford International Ltd. (WFT)|By:, SA News Editor

Weatherford (WFT +3.9%) missed on its Q1 earnings and revenues, and lowered Q2 estimates, but shares surge after CEO Bernard Duroc-Danner says he expects growth across the board for 2012. WFT "remain(s) constructive on North America, both top line and margin," and expects international revenue to rise 20% and operating income to double in H2.