SLB (SLB) reported third-quarter 2024 earnings of 89 cents per share (excluding charges and credits), which beat the Zacks Consensus Estimate of 88 cents. The bottom line also increased from the year-ago quarter’s level of 78 cents.The oilfield service giant recorded total quarterly revenues of $9.16 billion, which missed the Zacks Consensus Estimate of $9.28 billion. The top line improved from the year-ago quarter’s figure of $8.31 billion.The strong quarterly earnings were primarily driven by broad-based ...

Schlumberger (SLB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.14%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.83 per share when it actually produced earnings of $0.85, delivering a surprise of 2.41%.Over the last ...

News Release Exhibit 99 SLB Announces Third-Quarter 2024 Results • Revenue of $9.16 billion was steady sequentially and increased 10% year on year • GAAP EPS of $0.83 increased 8% sequentially and 6% year on year • EPS, excluding charges and credits, of $0.89 increased 5% sequentially and 14% year on year • Net income attributable to SLB of $1.19 billion increased 7% sequentially and 6% year on year • Adjusted EBITDA of $2.34 billion increased 2% sequentially and 13% year on year • Cash flow from operations ...

Schlumberger Limited SLB will release earnings results for its third quarter, before the opening bell on Friday, Oct. 18.Analysts expect the Buffalo, New York-based company to report quarterly earnings at 88 cents per share, up from 71 cents per share in the year-ago period. SLB projects to report revenue of $9.25 billion for the quarter, compared to $7.58 billion a year earlier, according to data from Benzinga Pro.On Thursday, SLB agreed to sell its interests in Palliser Block.SLB shares gained 0.7% to clo ...

SLB (SLB) is set to report third-quarter 2024 results on Friday, before the opening bell.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for third-quarter earnings is pegged at 88 cents per share, implying growth of 12.8% from the year-ago reported number. The estimate was revised downward by three analysts in the past seven days against zero upward movements. The Zacks Consensus Estimate for third-quarter revenues is currently pegged at $9.3 billion, indi ...

The most recent trading session ended with Schlumberger (SLB) standing at $44.78, reflecting a +0.4% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.61% gain on the day. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 0.33%.The world's largest oilfield services company's shares have seen an increase of 12.06% over the last month, surpassing the Oils-Energy sector's loss of 2.26% and the S&P 500's gain of 5.36%.Investor ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Schlumberger (SLB) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 18, 2024, might help the stock move higher if these key numbers are better than ...

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Schlumberger (NYSE: SLB ) is one of the largest oilfield service companies in the world, with a market capitalization of roughly $60 billion. Oilfield service companies tend to suffer more during a downturn as capital expenditures dry up much quicker than production, and SchlumbergerThe Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This includes extensive readings of 10Ks, analyst commentary, market reports, and investor pr ...

SLB (SLB) , an American oilfield services company, has partnered with Velesto Drilling, a subsidiary of Malaysia's Velesto Energy, to revolutionize rig capabilities through advanced digital solutions. This collaboration is aimed at enhancing drilling performance and reducing emissions, leveraging cutting-edge technology, to address industry challenges.SLB and Velesto Sign MoU for Digital InnovationThe memorandum of understanding (MoU) was signed during an event in Monaco, marking the beginning of a three-ye ...