Q4 Earnings Put Oil Services ETFs in Focus

On Jan 19, 2024,Schlumberger (SLB) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.84 per share, before the market opened. 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, de ...