Nabors Industries Ltd expected to post a loss of $3.03 a share - Earnings Preview

Nabors Industries

25/04/2025 22:28

Nabors Industries Ltd NBR.N, NBR is expected to show a fall in quarterly revenue when it reports  results on April 29 for the period ending March 31 2025

The Hamilton Bermuda-based   company is expected to report a 3.3% decrease in revenue to $719.446 million from $743.91 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Nabors Industries Ltd is for a loss of $3.03 per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 1 "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 $53.00​, above​ its last closing price of $29.83. ​​​

The company's guidance on February 13 2025 for the period ended March 31 was for Capital Expenditures between USD195 million and USD205 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-1.60
-1.70
-6.67
Missed
-291.8
Sep. 30 2024
-2.41
-2.20
-4.15
Missed
-88.2
Jun. 30 2024
-2.31
-1.85
-4.29
Missed
-131.7​
Mar. 31 2024
-1.79
-1.66
-4.54
Missed
-172.7
​​Dec. 31 2023
-1.45
-1.22
-2.70
Missed
-121.7
Sep. 30 2023
-0.88
-0.10
-6.26
Missed
-6,223.2​
Jun. 30 2023
2.23
2.30
-0.31
Missed
-113.5
Mar. 31 2023
1.21
1.53
4.11
Beat
168.9

This summary was machine generated April 25 at 21:28 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)