Nabors Industries Ltd. (NBR: Quote) reported that its first-quarter net income attributable to the company was $134.09 million or $0.46 per share, up from $82.83 million or $0.28 per share in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.50 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues and other income for the quarter rose to $1.84 billion from $1.40 billion in the prior year quarter. Nineteen analysts had consensus revenue estimate of $1.80 billion for the quarter.
by RTT Staff Writer
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