Recap: Nabors Industries Q3 Earnings

Nabors Industries NBR reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Nabors Industries missed their estimated earnings by 12.11%, which surprised analysts.

Revenue was up $85,813,000 from the same period last year.

Last quarter the company beat on EPS by $1.73, which was followed by a 3.14% increase in the share price the next day.

Here's a look at Nabors Industries's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	-17.46	-21.42	-23.89	-24.20
EPS Actual	-15.73	-20.16	-24.11	-22.81
Revenue Estimate	465.34M	452.57M	418.41M	444.07M
Revenue Actual	489.33M	460.51M	443.40M	438.35M

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Momentum-

Growth4.21

Quality-

Value73.88

Short

Medium

Long

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