Recap: Nabors Industries Q2 Earnings

Nabors Industries NBR reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

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

Earnings

Nabors Industries missed estimated earnings by 38.38%, reporting an EPS of $-9.41 versus an estimate of $-6.8.

Revenue was up $142.43 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $4.48 which was followed by a 0.68% drop in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -9.40 -11.5 -12.63 -17.46
EPS Actual -13.88 -14.6 -14.16 -15.73
Revenue Estimate 517.43M 493.90M 427.57M 465.34M
Revenue Actual 568.70M 543.54M 524.16M 489.33M

To track all earnings releases for Nabors Industries visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!