Nabors Industries Ltd expected to post a loss of $12.17 a share - Earnings Preview

Nabors Industries

04/02/2022 22:01

* Nabors Industries Ltd  NBR.N   NBR  is expected to show a
rise
in quarterly revenue when it reports  results on February 8. 
    * The Hamilton Bermuda-based   company is expected to report
 a
24.3% increase in revenue to $555.38 million from $446.74
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nabors Industries
Ltd is
for a loss of $12.17 per share. For the same quarter last year,
the company reported a loss of $28.72 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 3 "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 $115.5​, about 4.3% above​ its last closing price
of $110.56. ​​​
    * 

This summary was machine generated February 4 at 22:01 GMT.  All
figures in US dollars  unless otherwise stated