Will Nabors Industries (NBR) Report Negative Earnings Next Week? What You Should Know

Nabors Industries (NBR) is projected to report a quarterly loss of $2.05 per share and revenues of $831.27 million for the period ending June 2025, though the consensus EPS estimate has been sharply revised 67.72% lower over the past 30 days. With a Zacks Earnings ESP of -2.60% and a Zacks Rank #5 (Strong Sell), combined with a history of missing consensus EPS estimates in the last four quarters, including a significant -184.09% surprise in the prior quarter, NBR appears unlikely to deliver an earnings beat in its upcoming July 29 release.

Analysis

Nabors Industries (NBR) faces significant headwinds heading into its upcoming earnings report on July 29 for the quarter ended June 2025. While consensus estimates project year-over-year revenue growth of 13.1% to $831.27 million and a 52.2% improvement in the net loss to $2.05 per share, these top-line figures are overshadowed by sharply deteriorating analyst sentiment. The consensus EPS estimate has been revised downward by a substantial 67.72% over the last 30 days, indicating a collective reassessment of the company's near-term earnings power. This bearish outlook is further reinforced by a negative Zacks Earnings ESP of -2.60% and a Zacks Rank of #5 (Strong Sell), a combination that historically signals a low probability of an earnings beat. Furthermore, the company's track record provides little confidence, as it has failed to beat consensus EPS estimates in any of the last four quarters, including a severe -184.09% negative surprise in the prior quarter. The confluence of these factors suggests a high probability that NBR will miss its already-lowered earnings expectations.

Key Decisions for Investors

• Given the significant downward EPS estimate revision of 67.72% and a history of negative surprises, investors should exercise extreme caution and anticipate a high probability of an earnings miss.
• The combination of a negative Earnings ESP (-2.60%) and a Zacks Rank #5 (Strong Sell) makes NBR an unattractive candidate for a pre-earnings bullish position; it may be prudent to reduce exposure or implement hedging strategies.
• Traders should look beyond the headline numbers on July 29 and closely scrutinize management's commentary on business conditions to understand the drivers behind the recent analyst downgrades and the outlook for future quarters.