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