Schlumberger (SLB) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.41%. A quarter ago, it was expected that this world's largest oilfield services company would post earnings of $0.74 per share when it actually produced earnings of $0.75, delivering a surprise of 1.35%.Over the last ...

News Release Exhibit 99 SLB Announces Second-Quarter 2024 Results • Revenue of $9.14 billion increased 5% sequentially and 13% year on year • GAAP EPS of $0.77 increased 4% sequentially and 7% year on year • EPS, excluding charges and credits, of $0.85 increased 13% sequentially and 18% year on year • Net income attributable to SLB of $1.11 billion increased 4% sequentially and 8% year on year • Adjusted EBITDA of $2.29 billion increased 11% sequentially and 17% year on year • Cash flow from operations was ...

CHINA - 2023/02/15: In this photo illustration, the world's largest offshore drilling company ... [+] Schlumberger (SLB) logo is seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesSLB's stock (NYSE: SLB), formerly known as Schlumberger, which provides oil field services including drilling, completion, and production solutions to upstream oil & gas ...

SLB (SLB) is set to report second-quarter 2024 results on Jul 19, 2024, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at 83 cents per share, implying growth of 15.3% from the year-ago reported number. The estimate was revised upward by one analyst in the past 30 days against two downward movements, making the earnings estimate remain the same at 83 cents per share. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $9.1 billion, indic ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Schlumberger (SLB) reports results for the quarter ended June 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 19. On th ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Schlumberger (SLB) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Schlumberger currently has an average brokerage recommendati ...

The most recent trading session ended with Schlumberger (SLB) standing at $45.28, reflecting a +0.18% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 1.02%. At the same time, the Dow added 1.09%, and the tech-heavy Nasdaq gained 1.18%.The world's largest oilfield services company's shares have seen an increase of 0.53% over the last month, surpassing the Oils-Energy sector's loss of 11.98% and falling behind the S&P 500's gain of 4.44%.Investor ...

CHINA - 2023/11/03: In this photo illustration, the world's largest offshore drilling company ... [+] Schlumberger (SLB) logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesAfter a 10% decline since the beginning of the year, at the current price of around $47 per share, we believe SLB’s stock (NYSE: SLB), formerly known as Schlumberge ...

SLB (SLB) has been awarded a contract by Equinor ASA (EQNR) to deliver the front-end engineering design (“FEED”) for an innovative all-electric subsea project in Norwegian waters.The project marks a notable advancement in subsea technology, focusing on electrification to enhance efficiency and production capabilities. It will be carried out by SLB OneSubsea, a joint venture supported by SLB, Aker Solutions and Subsea7, with headquarters in Oslo and Houston.Per the agreement, SLB will oversee the FEED for a ...

Schlumberger (SLB) closed the latest trading day at $47.52, indicating a +0.08% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.09%. Elsewhere, the Dow saw a downswing of 0.1%, while the tech-heavy Nasdaq appreciated by 0.16%.Shares of the world's largest oilfield services company have appreciated by 2.68% over the course of the past month, outperforming the Oils-Energy sector's loss of 0.69% and lagging the S&P 500's gain of 2.83%.The investment comm ...