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NBR — Nabors Industries News Story

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

Nabors Industries Ltd reports results for the quarter ended June 30 - Earnings Summary
  • Nabors Industries Ltd NBR.N reported a quarterly adjusted loss of $2.04​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2.71. The mean expectation of eight analysts for the quarter was for a loss of $1.33 per share. Wall Street expected results to range from $-2.15 to -58 cents per share.

  • Revenue fell 2.6% to $816.93 million from a year ago; analysts expected $814.96 million.

  • Nabors Industries Ltd's reported EPS for the quarter was a loss of $2.04​.

  • The company reported a quarterly loss of $29.09 million.

  • Nabors Industries Ltd shares had fallen by 6.4% this quarter and gained 44.8% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 17% 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 2 "strong buy" or "buy," 5 "hold" and 1 "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 $115.00, about 34.2% above its last closing price of $75.64

This summary was machine generated from LSEG data July 29 at 01:38 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

Jun. 30 2026

-1.33

-2.04

Missed

Mar. 31 2026

-2.10

-1.54

Beat

Dec. 31 2025

-1.79

0.17

Beat

Sep. 30 2025

-1.46

-9.23

Missed

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