Schlumberger (NYSE:SLB) reported its Q3 earnings results on Friday, October 21, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Schlumberger beat estimated earnings by 12.5%, reporting an EPS of $0.63 versus an estimate of $0.56.
Revenue was up $1.62 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 4.28% increase in the share price the next day.
Here’s a look at Schlumberger’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.30 | 0.34 | 0.30 |
| EPS Actual | 0.50 | 0.34 | 0.41 | 0.36 |
| Revenue Estimate | 6.14B | 5.46B | 5.34B | 5.11B |
| Revenue Actual | 6.77B | 5.96B | 6.22B | 5.85B |
To track all earnings releases for Schlumberger visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
