Nabors Industries (NYSE: NBR ) is expected to report Q4 earnings on Feb. 18. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Nabors Industries's revenues will wither -4.6% and EPS will wither -44.2%.
The average estimate for revenue is $1.66 billion. On the bottom line, the average EPS estimate is $0.29.
Revenue details
Last quarter, Nabors Industries reported revenue of $1.67 billion. GAAP reported sales were 9.8% higher than the prior-year quarter's $1.61 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.42. GAAP EPS of $0.26 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 35.7%, 90 basis points worse than the prior-year quarter. Operating margin was 12.9%, 170 basis points worse than the prior-year quarter. Net margin was 4.3%, 30 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $6.88 billion. The average EPS estimate is $1.72.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nabors Industries is hold, with an average price target of $19.55.
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