Nabors Industries Ltd reports results for the quarter ended December 31 - Earnings Summary

Nabors Industries

13/02/2025 24:21

* Nabors Industries Ltd  NBR.N  reported a quarterly
adjusted loss
of $6.67​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of $-2.70.  The mean expectation of eight analysts for the
quarter was for a loss of $1.70 per share. Wall Street expected
results to range from $-3.00 to -18 cents per share.
    * Revenue rose 0.1% to $738.65 million from a year ago;
analysts
expected $739.31 million. 
    * Nabors Industries Ltd's reported EPS for the quarter was a
loss
of $6.67​.
    * The company reported a quarterly loss of $53.67 million.
    * Nabors Industries Ltd shares had fallen by 3.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 38.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the oil & gas
drilling
peer group is also "hold"

Wall Street's median 12-month price target for Nabors Industries
Ltd is $88.00 
This summary was machine generated from LSEG data February 13 at
12:20 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -1.70          -6.67          Missed
 Sep. 30 2024      -2.20          -4.15          Missed
 Jun. 30 2024      -1.85          -4.29          Missed
 Mar. 31 2024      -1.66          -4.54          Missed