On Tuesday 22nd October 2024, Nabors Industries (NYSE: NBR) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $2.05 loss per share for the third quarter. Additionally, it is anticipated that the company will reveal a $751 million revenue during the quarter.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $2.99 billion. Additionally, they are expecting the company to achieve per share loss of $11.16 for the fiscal year.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $6.26. This notable figure was attributed to the company's total revenue, which settled at an impressive $744.14 million during that specific quarter.
In addition, The firm will review the third quarter financial results on 23rd October 2024 at 05:00 PM eastern time, in a conference call with public.
Throughout Friday's trading, Nabors Industries (NBR) shares fluctuated between $70.36 and $74.31, with a trading volume of 452.70 thousand shares. The stock ended the regular trading session at $73.09, demonstrating decline of 1.71 percent.
