Nabors Industries (NYSE: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.
