Schlumberger (SLB) reported $8.99 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 14.1%. EPS of $0.86 for the same period compares to $0.71 a year ago.The reported revenue represents a surprise of +0.09% over the Zacks Consensus Estimate of $8.98 billion. With the consensus EPS estimate being $0.84, the EPS surprise was +2.38%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Key PointsSLB had a solid quarter, outperforming estimates and guiding for another year of strong growth. Analysts are driving this market higher and see it trading at least 30% below value. The technical picture includes a trend-following signal that could take this market to a five-year high. 5 stocks we like better than SchlumbergerThe price action in SLB NYSE: SLB entered a correction last fall, but it has ended. Within a sustained uptrend, the correction has drilled to critical levels and rebounded aft ...

About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...

Schlumberger (SLB) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.38%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.77 per share when it actually produced earnings of $0.78, delivering a surprise of 1.30%.Over the last ...

智通财经APP获悉，油服巨头斯伦贝谢(SLB.US)周五美股盘前公布2023年第四季度业绩。数据显示，该公司Q4营收为89.9亿美元，同比增长14%，好于市场预期;Non-GAAP 每股收益为0.86美元，同比增长21%，也好于市场预期。 斯伦贝谢在声明中表示：“随着全球能源需求的持续增长，预计国际生产将在本十年末满足供应方面发挥关键作用。值得注意的是，我们预计中东地区的创纪录投资水平将持续到2025年以后，沙特阿拉伯、阿拉伯联合酋长国、伊拉克和科威特的投资将大幅增长。海上活动仍然是这个持久增长周期的另一个独特属性，是产量增长和产能增加的重要来源，我们预计巴西、西非、东地中海、中东和东南亚的强劲活动将继续下去。” 该公司还表示：“在国际环境中，尽管各个地区的地缘政治紧张局势加剧，但我们预计不会对该行业的整体活动产生重大影响。此外，我们预计中东、全球海上活动和天然气资源领域的长期投资将在很大程度上与短期大宗商品价格波动脱钩。” ...

Shares of SLB were trading higher after the oil services provider formerly known as Schlumberger topped earnings estimates and raised its quarterly dividend. ...

HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced results for the fourth-quarter and full-year 2023. Fourth-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Dec. 31,2023 Sept. 30,2023 Dec. 31,2022 Sequential Year-on-year Revenue $8,990   $8,310   $7,879   8%   14% Income before taxes - GAAP basis $1,433   $1,395   $1,347   3%   6% Income before taxes margin - GAAP basis 15.9%   ...

SLB (SLB) is set to report fourth-quarter 2023 earnings on Jan 19, before the opening bell.Let’s delve into the factors that are anticipated to have influenced this oilfield service player’s performance in the to-be-reported quarter. However, it is worth taking a look at SLB’s previous quarter’s performance first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the company’s earnings of 78 cents per share (excluding charges and credits) beat the Zacks Consensus Estimate by a penny,  ...

The market expects Schlumberger (SLB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 19, 2024, might help the stock move higher if these key numbers ...

SLB (SLB) entered an investment and technology partnership with Geminus AI, marking a significant leap in the realm of artificial intelligence (AI) applications for oil and gas operations.Per the terms of the alliance, SLB, a prominent player in the energy sector, gains exclusive rights to leverage Geminus AI’s innovative model builder. The unique feature of the Geminus model builder is that it combines physics-based methods with process data to create accurate AI models.What makes these models special is t ...