Nabors Industries Earnings Stay in the Loss Column Yet Again This Quarter
When Nabors Industries (NYSE: NBR) didn't meet expectations in the first quarter, management let everyone know it wasn't satisfied with the results and pledged to do better. This past quarter, though, the company didn't quite meet expectations again. While part of that performance has to do with the market, some of the blame has to be on the things that Nabors management is (or is not) doing.
Here's a look at Nabors' most recent earnings results and what needs to happen in the upcoming quarters if the company wants to get back in Wall Street's good graces.
Source: Fool.com
Nabors Industries Ltd. Stock
Currently there is a rather positive sentiment for Nabors Industries Ltd. with 3 Buy predictions and 0 Sell predictions.
With a target price of 147 € there is potential for a 113.04% increase which would mean more than doubling the current price of 69.0 € for Nabors Industries Ltd..