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

Nabors Industries

27/04/2022 22:55

* Nabors Industries Ltd  NBR.N  reported a quarterly
adjusted loss
of $22.51​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of
$10.99 per share.
    * Revenue rose 23.5% to $568.54 million from a year ago; 
analysts
expected $557.45 million. 
    * Nabors Industries Ltd's reported EPS for the quarter was a
loss
of $22.51​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Nabors Industries Ltd shares had risen by 2.1% this
quarter and
gained 92.3% so far this year.
    * The company reported a quarterly loss of $184.5 million.
    * Wall Street's median 12-month price target for Nabors
Industries
Ltd is $172.50 
    * 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." 

This summary was machine generated April 27 at 09:55 p.m.  ​All
figures in US dollars unless otherwise stated