NBR Earnings Prediction
The chart below shows how NBR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NBR sees a -0.86% change in stock price 10 days leading up to the earnings, and a -6.17% change 10 days following the report. On the earnings day itself, the stock moves by +0.86%. This data can give you a slight idea of what to expect for the next quarter's release.
NBR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
731.80M
-0.30%
-0.41%
Gross Margin
19.25%
13.10%
5.19%
Operating Margin
7.64%
21.08%
1.87%
Net Margin
-4.52%
6.10%
155.37%
EPS
-6.86
-9.58%
59.91%
No Data Available
NBR Earnings Analysis
Nabors Industries Ltd. Corporation (NBR.N) Earnings Conference Call
Positive
Q3 Adjusted EBITDA Results: Adjusted EBITDA in the third quarter totaled $222 million, aligning with expectations.
International Segment Margins Growth: Margins in our International segment exceeded the $17,000 mark, showcasing strong performance.
Drilling Solutions EBITDA Growth: Adjusted EBITDA in our Drilling Solutions segment increased sequentially by 5.7%, driven by growth in our international business.
Strong Operational Performance: Nabors generated combined EBITDA of more than $40 million, reflecting strong operational performance across segments.
Free Cash Flow Achievement: Nabors has delivered over $80 million of free cash flow through three quarters, supporting strategic initiatives.
Negative
Adjusted EBITDA Performance: Adjusted EBITDA in the third quarter totaled $222 million, which was in line with expectations but indicates no growth from previous quarters.
Drilling Revenue Decline: U.S. drilling segment revenue decreased by $5 million, reflecting a decline in activity and lower margins.
Revenue Decline Analysis: Lower 48 revenue decreased by 1.7%, indicating a drop in operational performance compared to the previous quarter.
Decline in Daily Revenue: Daily average revenue for the third quarter came in at $34,812, a sequential decrease of $522, highlighting a decline in market demand.
Revenue Decline Challenges: NDS revenue of $79.5 million declined sequentially by $3.4 million or 4.1%, indicating challenges in maintaining revenue growth.
NBR FAQs
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NBR Earning Call Sentiment
Nabors Industries Ltd. (NBR) Q3 2024 Earnings Call Transcript
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NBR.N
-7.84%Positive
Basic Financial Performance: 3 (neutral due to flat revenue and mixed EBITDA performance). Product Development and Business Update: 4 (positive due to acquisition and international growth). Market Strategy: 4 (positive due to international expansion and acquisition strategy). Expenses and Financial Health: 3 (neutral due to high CapEx and debt concerns). Shareholder Return Plan: 4 (positive due to acquisition synergies and focus on free cash flow). Q&A insights suggest positive sentiment towards international growth and acquisition benefits. Overall, the positive factors outweigh the negatives, predicting a 2-8% stock price increase.
