Nabors Industries Ltd (NYSE:NBR) Reports Mixed Q2 2025 Earnings with Revenue Miss and Wider-Than-Expected Loss

NABORS INDUSTRIES LTD (NYSE:NBR) reported its second-quarter 2025 earnings, revealing mixed results compared to analyst expectations. The market reaction has been negative in after-hours trading, with shares declining approximately 1.6% following the release.

Key Earnings Highlights

• Revenue Miss: The company posted Q2 revenue of $833 million, falling short of the consensus estimate of $859.6 million.
• Wider-Than-Expected Loss: Nabors reported a net loss of $31 million, translating to a loss per share of $2.71, significantly worse than the estimated loss of $1.07 per share.
• Sequential Decline: While revenue increased from $736 million in Q1 2025, the company swung from a net income of $33 million to a net loss, partly due to the absence of a one-time $113 million gain from the Parker transaction in the prior quarter.
• Adjusted EBITDA Improvement: Adjusted EBITDA rose to $248 million, up from $206 million in Q1, indicating stronger operational performance despite the bottom-line loss.

Market Reaction & Performance Context

The negative after-hours movement suggests investor disappointment with the earnings and revenue miss. However, the stock has shown resilience in recent weeks:

• +0.04% over the past week
• +0.08% over the past two weeks
• +0.19% over the past month

This suggests that while the Q2 results were underwhelming, broader market sentiment may still reflect cautious optimism about Nabors’ operational improvements.

Forward-Looking Estimates

Analysts remain cautious about the company’s near-term profitability:

• Q3 2025 Estimates: Revenue expected at $869.5 million, with an estimated loss per share of $1.30.
• Full-Year 2025 Estimates: Projected sales of $3.33 billion, with an estimated full-year loss per share of $4.57.

The lack of a formal outlook in the press release leaves investors relying on these estimates, which currently signal continued challenges.

Conclusion

Nabors’ Q2 results highlight ongoing volatility in its financial performance, with revenue growth offset by deeper-than-expected losses. The market’s immediate reaction reflects disappointment, but the stock’s recent upward trend suggests some investors may be betting on longer-term operational improvements.

For more detailed earnings estimates and historical performance, see Nabors Industries Ltd. Earnings & Estimates.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.