Core Viewpoint - Nabors Industries reported a wider-than-expected loss in Q2 2025, but operating revenues increased year-over-year, indicating mixed performance across its segments [2][3]. Financial Performance - The adjusted loss for Q2 2025 was $2.71 per share, exceeding the consensus estimate of a loss of $2.05, but improved from a loss of $4.29 per share in the prior year [2]. - Operating revenues reached $832.8 million, slightly above the consensus estimate of $831 million and up from $734.8 million a year ago [3]. - Adjusted EBITDA was $248.5 million, an increase from $218.1 million year-over-year, but below the model estimate of $306.5 million [3]. Segmental Performances - U.S. Drilling revenues were $255.4 million, down 1.6% from $259.7 million a year ago, missing the estimate of $312.7 million [4]. - International Drilling revenues increased to $385 million from $356.7 million year-over-year, but fell short of the estimate of $394.8 million [5]. - The Drilling Solutions segment saw revenues of $170.3 million, a 105.3% increase from $83 million in the prior year, exceeding the estimate of $91.1 million [5]. Financial Position - Total costs and expenses rose to $818 million from $740.5 million year-over-year, slightly above the prediction of $816.1 million [7]. - As of June 30, 2025, cash and short-term investments totaled $387.4 million, with long-term debt at approximately $2.7 billion [7]. Guidance - For Q3 2025, U.S. Drilling operations are expected to have an average rig count of 57 to 59 rigs and a daily adjusted gross margin of about $13,300 [8]. - International operations are projected to have an average rig count of 87 to 88 rigs, with a daily adjusted gross margin of approximately $17,900 [9]. - Capital expenditures for Q3 2025 are planned between $200 million and $210 million, with a total expected for the year ranging from $700 million to $710 million [10]. Cash Flow and Outlook - The company anticipates adjusted free cash flow for Q3 2025 to be consistent with Q2 levels, aiming for a full-year target of $80 million [11]. - Estimates for the stock have been trending upward, with a Zacks Rank of 3 (Hold), indicating an expectation of in-line returns in the coming months [14].

Core Viewpoint - Robert Half's recent earnings report shows a mixed performance with earnings and revenues beating estimates, but significant year-over-year declines raise concerns about future performance [2][10]. Financial Performance - Q2 fiscal 2026 earnings were reported at 41 cents per share, exceeding the consensus estimate by 2.5%, but down 37.9% year-over-year [2]. - Revenues for the quarter reached $1.37 billion, surpassing the consensus by 1.4%, yet reflecting a 7% decline year-over-year [2]. Segment Performance - Talent Solutions revenues were $874.521 million, down 11.3% year-over-year and below the estimate of $914.2 million [3]. - U.S. Talent Solutions revenues were $668 million, a decrease of 11% year-over-year [3]. - Protiviti revenues were $495.2 million, up 2% year-over-year but below expectations [4]. - U.S. Protiviti revenues decreased by 1% year-over-year, while non-U.S. revenues increased by 11% [4]. Currency Impact - Currency exchange rate movements contributed an additional $8 million to total revenues year-over-year, with $4 million attributed to both Talent Solutions and Protiviti [5]. Profitability Metrics - Adjusted gross profit was $522.3 million, down 9.9% year-over-year, with a gross profit margin of 39.1%, declining by 210 basis points [6]. Balance Sheet and Cash Flow - The company ended the quarter with cash and cash equivalents of $380.6 million, down from $547.4 million in the same quarter of the previous year [7]. - Operating cash flow was $119 million, with capital expenditures of $15.2 million and $59 million paid out in dividends [7]. Future Guidance - For Q3 2025, Robert Half expects revenues between $1.31 billion and $1.41 billion, with EPS projected between 37 cents and 47 cents [8]. - Capital expenditures for 2025 are anticipated to be between $75 million and $90 million, with $15 million to $25 million expected in Q3 [9]. Estimate Trends - Since the earnings release, there has been a downward trend in estimates, with a consensus estimate shift of -20.19% [10][11]. VGM Scores - Robert Half holds a Growth Score of B, a Momentum Score of C, and a Value Score of A, placing it in the top 20% for value investment strategy [12]. Overall Outlook - The overall trend in estimates indicates a downward shift, leading to a Zacks Rank of 4 (Sell), suggesting below-average returns in the coming months [13].