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

Nabors Industries

25/07/2023 23:40

* Nabors Industries Ltd  NBR.N  reported a quarterly
adjusted loss
of 31 cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of $2.30 per share.
    * Revenue rose 21.6% to $767.07 million from a year ago;
analysts
expected $773.23 million. 
    * Nabors Industries Ltd's reported EPS for the quarter was a
loss
of 31 cents​.
    * The mean earnings estimate of analysts had fallen by
about 20.4%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Nabors Industries Ltd shares had risen by 27.4% this
quarter and
lost 23.5% so far this year.
    * Wall Street's median 12-month price target for Nabors
Industries
Ltd is $140.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 10:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.30           -0.31          Missed
 Mar. 31 2023      1.53           4.11           Beat
 Dec. 31 2022      -0.55          -7.87          Missed
 Sep. 30 2022      -4.71          -1.80          Beat