Benzinga | Apr 28, 2021 04:52PM EDT

Nabors Industries Q1 EPS $(20.16) Beats $(21.42) Estimate, Sales $460.51M Beat $452.57M Estimate

Nabors Industries (NYSE:NBR) reported quarterly losses of $(20.16) per share which beat the analyst consensus estimate of $(21.42) by 5.88 percent. This is a 1.51 percent decrease over losses of $(19.86) per share from the same period last year. The company reported quarterly sales of $460.51 million which beat the analyst consensus estimate of $452.57 million by 1.75 percent. This is a 35.89 percent decrease over sales of $718.36 million the same period last year.