Benzinga | Nov 3, 2020 04:25PM EST

Nabors Industries Q3 EPS $(23.42) Beats $(24.20) Estimate, Sales $437.61M Miss $444.07M Estimate

Nabors Industries (NYSE:NBR) reported quarterly losses of $(23.42) per share which beat the analyst consensus estimate of $(24.20) by 3.22 percent. This is a 7454.84 percent decrease over losses of $(0.31) per share from the same period last year. The company reported quarterly sales of $437.61 million which missed the analyst consensus estimate of $444.07 million by 1.45 percent. This is a 42.27 percent decrease over sales of $758.08 million the same period last year.