WASHINGTON (dpa-AFX) - Nabors Industries Ltd. (NBR) reported third-quarter income from continuing operations, net of tax, of $57.43 million, compared to a loss of $90.51 million, a year ago. Profit per share from continuing operations was $0.19, compared to a loss of $0.30, last year. Adjusted earnings per share from continuing operations was $0.39 for the quarter.
On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.36 for the quarter. Analysts' estimates typically exclude special items.
Total revenues and other income increased to $1.81 billion from $1.55 billion, last year. Analysts expected revenue of $1.72 billion for the quarter.
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