Nabors Industries Ltd expected to post a loss of $10.68 a share - Earnings Preview

Nabors Industries

26/04/2022 03:12

* Nabors Industries Ltd  NBR.N   NBR  is expected to show a
rise
in quarterly revenue when it reports  results on April 27. 
    * The Hamilton Bermuda-based   company is expected to report
 a
21.1% increase in revenue to $557.65 million from $460.51
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nabors Industries
Ltd is
for a loss of $10.68 per share. For the same quarter last year,
the company reported a loss of $19.47 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nabors
Industries
Ltd is $172.5​, above​ its last closing price of $160.67. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -12.64      -12.17     -14.13    Missed  -16.1
 Sep. 30 2021  -13.40      -13.30     -15.79    Missed  -18.7
 Jun. 30 2021  -16.91      -17.47     -18.25    Missed  -4.5​
 Mar. 31 2021  -22.43      -21.78     -19.47    Beat    10.6
 ​​Dec.        -24.46      -23.89     -28.72    Missed  -20.2
 31 2020                                                
 Sep. 30 2020  -24.43      -24.12     -22.09    Beat    8.4​
 Jun. 30 2020  -27.71      -24.63     -13.32    Beat    45.9
 Mar. 31 2020  -16.97      -15.38     -19.86    Missed  -29.1
 This summary was machine generated April 26 at 02:12 GMT.  All
figures in US dollars  unless otherwise stated