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.

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.

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.

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