Nabors Industries (NYSE:NBR) is scheduled to release its earnings data after the market closes on Tuesday, April 24th. Analysts expect Nabors Industries to post earnings of ($0.27) per share for the quarter.

Nabors Industries (NYSE:NBR) last announced its earnings results on Tuesday, February 27th. The oil and gas company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.01). The company had revenue of $708.28 million for the quarter, compared to the consensus estimate of $706.35 million. Nabors Industries had a negative return on equity of 15.56% and a negative net margin of 21.32%. The firm’s revenue for the quarter was up 31.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.30) EPS. On average, analysts expect Nabors Industries to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

Shares of Nabors Industries stock opened at $7.50 on Tuesday. The company has a market cap of $2,391.78, a price-to-earnings ratio of -4.60 and a beta of 1.60. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.57 and a quick ratio of 1.39. Nabors Industries has a 12-month low of $5.32 and a 12-month high of $12.94.

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 3rd. Shareholders of record on Tuesday, March 13th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, March 12th. This represents a $0.24 dividend on an annualized basis and a yield of 3.20%. Nabors Industries’s payout ratio is currently -14.72%.

A number of brokerages have issued reports on NBR. Stephens began coverage on Nabors Industries in a research report on Tuesday, January 9th. They set an “equal weight” rating and a $8.00 target price for the company. Cowen reaffirmed a “buy” rating and set a $10.00 target price on shares of Nabors Industries in a research report on Friday. Zacks Investment Research raised Nabors Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. ValuEngine cut Nabors Industries from a “sell” rating to a “strong sell” rating in a research report on Friday, February 2nd. Finally, Seaport Global Securities reaffirmed a “buy” rating and set a $13.00 target price on shares of Nabors Industries in a research report on Thursday, January 18th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company. Nabors Industries presently has a consensus rating of “Hold” and an average target price of $10.14.

WARNING: “Nabors Industries (NBR) to Release Earnings on Tuesday” was first posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at

About Nabors Industries

Nabors Industries Ltd. provides drilling and drilling-related services and technologies for land-based and offshore oil and natural gas wells. It operates through five segments: U.S., Canada, International, Drilling Solutions, and Rig Technologies. The company offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services.

Earnings History for Nabors Industries (NYSE:NBR)

Receive News & Ratings for Nabors Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nabors Industries and related companies with's FREE daily email newsletter.