Nabors (NBR) Ticks Lowers, Sees Margin Compression in Q4, Q113
Nabors Industries (NYSE: NBR) shares are negative as its quarterly call continues. The company said its sees magins lower in the fourth-quarter and "about the same" in the first-quarter of 2013.
Earlier, Nabors reported Q3 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.76 billion.
Shares are down about 0.3 percent Wednesday.
Earlier, Nabors reported Q3 EPS of $0.42, $0.01 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.76 billion.
Shares are down about 0.3 percent Wednesday.