Nabors Industries Q2 Earnings on Deck: Here's How It Will Fare

NBR is scheduled to report Q2 results on July 28, with expectations that weaker drilling solutions revenue could pressure sales. Management is also expected to partially offset this via reduced costs that may limit earnings downside. Overall, the setup is mildly negative with a cautious tone ahead of the release.

Analysis

NBR is scheduled to report Q2 results on July 28, with expectations that weaker drilling solutions revenue could pressure sales. Management is also expected to partially offset this via reduced costs that may limit earnings downside. Overall, the setup is mildly negative with a cautious tone ahead of the release.