Nabors Announces Fourth Quarter 2019 Results
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Nabors Industries (NBR) Misses Q4 EPS by 50c, Revenues Miss
February 20, 2020 4:36 PM ESTNabors Industries (NYSE: NBR) reported Q4 EPS of ($0.77), $0.50 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $715.77 million versus the consensus estimate of $746.11 million.
"Our operating performance further confirms that we are pursuing the correct strategic initiatives. We remain dedicated to providing our customers with a market-leading value proposition, combining the highest quality global rig fleet, crews and drilling technologies.
"In the U.S. Lower 48, E&P operators... More
