logo
Share SHARE
FONT-SIZE Plus   Neg

Nabors Industries Q1 Profit Up - Quick Facts

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

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The last moments of the doomed Germanwings plane, that was deliberately hit to the Alps, was recorded in a mobile phone, German newspaper Bild and French Magazine Paris Match reported. The video is presumed to be taken from the cabin, using a mobile device. The investigators recovered the memory card from the crash site, though the mobile was destroyed completely. However, there is no official con US Steel Corp. (X) Tuesday said it will "adjust operations" and temporarily idle a part of its Minntac plant in Mt. Iron, Minnesota, effective June 1. According to reports, the move would see about 700 employees laid off. The company said the decision was due to its current inventory levels and ongoing... Hewlett-Packard Co. (HPQ) has filed a lawsuit against Michael Lynch, the co-founder of Autonomy Corp., and its former Financial Chief Sushovan Hussain for a whopping $5.1 billion alleging that the executives misrepresented the financial situation of Autonomy. An HP's spokeswoman confirmed that the...
comments powered by Disqus
RELATED NEWS
Trade NBR now with 
Follow RTT