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Here's What Analysts Are Forecasting For Nabors Industries Ltd. (NYSE:NBR) After Its First-Quarter Results [Yahoo! Finance]

Nabors Industries Ltd. (NBR) 
Last nabors industries ltd. earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.nabors.com
Company Research Source: Yahoo! Finance
It was a pretty bad result overall; while revenues were in line with expectations at US$734m, statutory losses exploded to US$4.54 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. View our latest analysis for Nabors Industries Taking into account the latest results, the most recent consensus for Nabors Industries from seven analysts is for revenues of US$3.04b in 2024. If met, it would imply a reasonable 2.8% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 62% to US$5.28. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$3.07b and losses of US$3.95 per share in 2024. While Show less Read more
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