Benzinga | Oct 26, 2021 04:39PM EDT

Nabors Industries Q3 EPS $(15.79) Misses $(12.63) Estimate, Sales $524.00M Beat $427.57M Estimate

Nabors Industries (NYSE:NBR) reported quarterly losses of $(15.79) per share which missed the analyst consensus estimate of $(12.63) by 25.02 percent. This is a 30.78 percent increase over losses of $(22.81) per share from the same period last year. The company reported quarterly sales of $524.00 million which beat the analyst consensus estimate of $427.57 million by 22.55 percent. This is a 19.54 percent increase over sales of $438.35 million the same period last year.