Nabors Industries (NYSE: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.
Earnings
Nabors Industries missed their estimated earnings by 12.11%, which surprised analysts.
Revenue was up $85,813,000 from the same period last year.
Past Earnings Performance
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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