Nabors (NBR) Moves 8.7% Higher: Will This Strength Last?

This drilling contractor is expected to post quarterly loss of $1.82 per share in its upcoming report, which represents a year-over-year change of +19.5%. Revenues are expected to be $741.47 million, down 4.8% from the year-ago quarter. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> This upward trend could be attributed to a combination of factors, including overall market optimism and positive developments within the ...