Free Trial

Nabors Industries Q2 2023 Earnings Report

Nabors Industries logo
$71.90 -0.66 (-0.91%)
(As of 12/3/2024 ET)

Nabors Industries EPS Results

Actual EPS
-$2.26
Consensus EPS
$1.50
Beat/Miss
Missed by -$3.76
One Year Ago EPS
N/A

Nabors Industries Revenue Results

Actual Revenue
$778.81 million
Expected Revenue
$777.59 million
Beat/Miss
Beat by +$1.22 million
YoY Revenue Growth
N/A

Nabors Industries Announcement Details

Quarter
Q2 2023
Time
N/A
WARNING: “Buffett Indicator” flashing for first time in 50 years (Ad)

Warren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indicates the Oracle of Omaha is quietly preparing for a historic market crash. His most reliable crash indicator - the "Buffett indicator" - just flashed red for the first time in 25 years.

Take these 4 steps today to protect your retirement NOW

Nabors Industries Earnings Headlines

Nabors Industries price target raised to $90 from $88 at Barclays
Lock in this disruptor’s share price before 12/5
Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they’ve joined forces to launch a venture transforming the $1.3T vacation home market – and the results are already turning heads. This company is leading the co-ownership revolution, offering buyers a chance to own a fraction of a luxury vacation home instead of the entire thing. It’s a model that’s unlocked new demand and earned them over $100M in gross profits in four years.
Morgan Stanley Sticks to Their Buy Rating for Nabors Industries (NBR)
See More Nabors Industries Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Nabors Industries? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Nabors Industries and other key companies, straight to your email.

About Nabors Industries

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.

View Nabors Industries Profile

More Earnings Resources from MarketBeat