Nabors Industries Ltd reports results for the quarter ended June 30 - Earnings Summary

Nabors Industries

29/07/2025 22:53

Nabors Industries Ltd NBR.N reported a quarterly adjusted loss of $2.71​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-4.29.  The mean expectation of nine analysts for the quarter was for a loss of $1.06 per share. Wall Street expected results to range from $-2.23 to -8 cents per share.

Revenue rose 14.2% to $838.92 million from a year ago; analysts expected $851.10 million.

Nabors Industries Ltd's reported EPS for the quarter was a loss of $2.71​.

The company reported a quarterly loss of $38.17 million.

Nabors Industries Ltd shares had risen by 25.9% this quarter and lost 38.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.4% 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," 5 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the oil & gas drilling peer group is  "buy."

Wall Street's median 12-month price target for Nabors Industries Ltd is $36.50, about 8.4% above its last closing price of $33.45

This summary was machine generated from LSEG data July 29 at 09:53 p.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
Jun. 30 2025
-1.06
-2.71
Missed
Mar. 31 2025
-3.03
2.18
Beat
Dec. 31 2024
-1.70
-6.67
Missed
Sep. 30 2024
-2.20
-4.15
Missed