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Stock impact report

Nabors Industries Q3 Earnings on Deck: Here's How It Will Fare [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
The Zacks Consensus Estimate for the top line is pegged at $840.54 million and the same for the bottom line is pinned at a loss of $2.37. Let us delve into the factors that might have influenced NBR's performance in the to-be-reported quarter. Before that, it is worth taking a look at the company's performance in the last reported quarter. Highlights of NBR's Q2 Earnings & Surprise History In the last reported quarter, the Hamilton-based oil and gas drilling service company's loss per share of $2.71 was wider than the consensus estimates of a loss of $2.05. This was primarily due to lower adjusted operating income from its U.S. Drilling and Rig Technologies segments, coupled with increased year-over-year costs, including direct costs, general and administrative expenses, interest expenses and other related expenditures. However, operating revenues of $832.8 million marginally beat the Zacks Consensus Estimate of $831 million, driven by stronger revenue contributions from the afo Show less Read more
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