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EARNINGS SUMMARY: Details of Nabors Industries Ltd. Q2 Earnings Report

Below are the earnings highlights for Nabors Industries Ltd. (NBR):

-Net Income: -$41.13 Mln in Q2 vs. $62.81 Mln in the same period last year.

-EPS: -$0.14 in Q2 vs. $0.21 in the same period last year.

-Analysts projected -$0.09 per share

-Revenue: $0.86 Bln in Q2 vs. $1.62 Bln in the same period last year.

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Jobless claims data was the highlight in this relatively light week for U.S. economics. In Europe, focus was on the U.K. economy where the Bank of England announced its latest policy decision and the first quarter GDP data were released. Find out the signals from the central bank and whether or not the UK economy exited a recession. In the Asia-Pacific, Australia's central bank delivered its latest policy verdict and China released trade figures.

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