Investors Heavily Search SLB Limited (SLB): Here is What You Need to Know

Core Viewpoint - SLB has been gaining attention as one of the most searched stocks, with its performance influenced by various fundamental factors [1][2]. Earnings Estimates Revisions - SLB is expected to report earnings of $0.74 per share for the current quarter, reflecting a year-over-year decrease of 19.6% [5]. - The consensus earnings estimate for the current fiscal year is $2.89, indicating a year-over-year decline of 15.3% [5]. - For the next fiscal year, the consensus estimate is $2.95, showing a slight increase of 1.9% compared to the previous year [6]. Revenue Growth Forecast - The consensus sales estimate for SLB in the current quarter is $9.53 billion, representing a year-over-year growth of 2.7% [11]. - The revenue estimates for the current and next fiscal years are $35.53 billion (a decrease of 2.1%) and $37.44 billion (an increase of 5.4%), respectively [11]. Last Reported Results and Surprise History - In the last reported quarter, SLB's revenues were $8.93 billion, down 2.5% year-over-year, with an EPS of $0.69 compared to $0.89 a year ago [12]. - SLB surpassed consensus EPS estimates three times and revenue estimates two times over the last four quarters [13]. Valuation - SLB is graded A on the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [17]. - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether SLB's stock is fairly valued [15][16]. Conclusion - SLB's Zacks Rank 3 suggests it may perform in line with the broader market in the near term, despite the market buzz surrounding it [18].