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Nabors Industries Q2 Earnings on Deck: Here's How It Will Fare
ZACKSยท 2025-07-24 13:06
Core Viewpoint - Nabors Industries Ltd. (NBR) is expected to report a second-quarter 2025 loss of $2.05 per share on revenues of $831.2 million, reflecting a year-over-year revenue increase of 13.13% and a bottom-line increase of 52.21% [1][3][8]. Group 1: Recent Performance - In the last reported quarter, NBR's loss per share was $7.5, which was $2.64 wider than the consensus estimate, primarily due to lower adjusted operating income from its U.S. Drilling segment [2]. - Operating revenues for the last quarter were $736.2 million, exceeding the Zacks Consensus Estimate of $718 million, driven by stronger contributions from the International Drilling segment [2]. - NBR has missed the Zacks Consensus Estimate in each of the trailing four quarters, with an average negative surprise of 169.68% [2]. Group 2: Revenue and Cost Factors - The Zacks Consensus Estimate for second-quarter revenues is projected to be $831.2 million, up from $743 million in the year-ago quarter, attributed to higher contributions from U.S. Drilling, International Drilling, and Drilling Solutions segments [4]. - Direct costs are expected to rise, with depreciation and amortization costs projected to reach $201.1 million, up from $160.1 million in the previous year [5]. - Interest expenses are anticipated to increase from $51.5 million to $56.8 million, and general and administrative expenses are expected to rise from $62.2 million to $64.1 million [5]. Group 3: Earnings Prediction and Model Insights - The Zacks model does not predict an earnings beat for NBR this time, as the Earnings ESP is -2.60% [6][7]. - NBR currently holds a Zacks Rank of 5 (Sell), indicating a less favorable outlook [9].