SLB Poised to Report Q3 Earnings: Here's What You Need to Know

Core Insights - SLB is scheduled to report its third-quarter 2025 results on October 17, with adjusted earnings expected at 67 cents per share, reflecting a 24.7% decline from the previous year [1][2][9] - Revenue is projected to be $8.9 billion, indicating a 2.4% decrease compared to the same quarter last year [3][9] - The pricing environment for WTI crude oil has been less favorable in the third quarter of 2025, which may have negatively impacted demand for SLB's oilfield services [4][5][9] Earnings Performance - In the last reported quarter, SLB's adjusted earnings of 74 cents per share exceeded the Zacks Consensus Estimate of 73 cents, driven by international growth and strong digital revenues [1] - SLB has missed the Zacks Consensus Estimate for earnings once in the last four quarters and has beaten it three times, with an average surprise of 0.51% [2] Market Conditions - Average spot prices for WTI crude oil in July, August, and September were $68.39, $64.86, and $63.96 per barrel, respectively, compared to higher prices in the same months of the previous year [4] - The decline in crude oil prices is expected to have softened demand for SLB's services in the September quarter [5][9] Earnings Expectations - The Earnings ESP for SLB is -2.82%, indicating that the model does not predict an earnings beat for this reporting cycle [6] - SLB currently holds a Zacks Rank of 4 (Sell), which further suggests a challenging outlook for the upcoming earnings report [6]