Benzinga | Jul 28, 2020 04:31PM EDT

Nabors Industries Q2 EPS $(22.13) Beats $(24.39) Estimate, Sales $535.97M Down From $771.41M YoY

Nabors Industries (NYSE:NBR) reported quarterly losses of $(22.13) per share which beat the analyst consensus estimate of $(24.39) by 9.27 percent. This is a 5297.56 percent decrease over losses of $(0.41) per share from the same period last year. The company reported $535.97 million in sales this quarter. This is a 30.52 percent decrease over sales of $771.41 million the same period last year.