logo
Share SHARE
FONT-SIZE Plus   Neg

Nabors Industries Q1 Profit Up - Quick Facts

Nabors Industries Ltd. (NBR) 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
Seattle police caught an alleged car thief by remotely locking him inside the stolen BMW 550i with the help of the automaker. The Seattle Police Department said in its blog that the incident took place in Seattle in November. United Airlines' new ticket option called 'Basic Economy,' which would require travelers to pay extra fees for using overhead bins, has been termed by New York Senator Charles Schumer as "one of the most restrictive policies on airline passengers seen in a long time." Schumer said that United Airlines should scrap its plan. United Airlines' new ticket option called 'Basic Economy,' which would require travelers to pay extra fees for using overhead bins, has been termed by New York Senator Charles Schumer as "one of the most restrictive policies on airline passengers seen in a long time." Schumer said that United Airlines should scrap its plan.
comments powered by Disqus
Follow RTT