Shares of Schlumberger (NYSE:SLB) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $27.83.
Shares of Schlumberger (NYSE:SLB) moved higher by 1.7% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 500.00% over the past year to $0.30, which beat the estimate of $0.26.
Schlumberger (NYSE:SLB) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.26 by 15.38 percent. This is a 500 percent increase over earnings of $0.05 per share from the same
Companies Reporting Before The Bell
• Republic First Bancorp (NASDAQ:FRBK) is estimated to report quarterly earnings at $0.06 per share on revenue of $39.17 million.
Over the past three months, shares of Schlumberger (NYSE:SLB) rose by 3.30%. Before we understand the importance of debt, let us look at how much debt Schlumberger has.