WASHINGTON (dpa-AFX) - Oil drilling and rig services provider Nabors Industries Ltd (NBR) Tuesday reported second-quarter net earnings of $64.4 million or $0.21 per share, compared with a loss of $4.4 million or $0.01 per share last year.
Results for the prior year included loss of $26.9 million from discontinued operations.
Revenue for the quarter was $1.62 billion, compared with $1.46 billion in the prior year.
Analysts polled by Thomson Reuters projected earnings of $0.23 per share on revenue of $1.59 billion for the quarter. Analysts' estimates typically exclude special items.
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