Nabors Industries Posts Q3 Loss - Quick Facts

(RTTNews) - Nabors Industries Ltd. (NBR) Tuesday reported third-quarter loss of $105.38 million or $0.35 per share, compared to profit of $75.66 million or $0.26 per share in the same period last year.

Net loss from continuing operations totaled $90.5 million or $0.30 per share, up from $64.5 million or $0.22 per share last year.

On average, 26 analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues improved to $1.6 billion from $1.5 billion last year. Analysts expected revenues of $1.59 billion.