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

Nabors Industries

07/02/2023 23:36

* Nabors Industries Ltd  NBR.N  reported a quarterly
adjusted loss
of $7.87​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for a loss of 55
cents per share.
    * Revenue rose 41.5% to $769.34 million from a year ago;
analysts
expected $747.00 million. 
    * Nabors Industries Ltd's reported EPS for the quarter was a
loss
of $7.87​.
    * The mean earnings estimate of analysts had fallen by
about 52.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Nabors Industries Ltd shares had risen by 10.0% this
quarter.
    * The company reported a quarterly loss of $69.07 million.
    * Wall Street's median 12-month price target for Nabors
Industries
Ltd is $193.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
7 at 11:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.55          -7.87          Missed
 Sep. 30 2022      -4.71          -1.80          Beat
 Jun. 30 2022      -7.25          -9.41          Missed
 Mar. 31 2022      -10.99         -22.51         Missed