Schlumberger (NYSE:SLB) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.68 by 4.41 percent. This is a 73.17 percent increase over earnings of $0.41 per share from the same
Companies Reporting Before The Bell
• Telefonaktiebolaget L M (NASDAQ:ERIC) is likely to report quarterly earnings at $0.21 per share on revenue of $7.50 billion.
The CNN Money Fear and Greed index moved to a "Neutral" zone after US stocks closed lower on Thursday.
The Dow Jones recorded losses for the third session in a row after investors grew concerned that the Fed will continue increasing interest rates despite signs of easing inflation.
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Last week’s big bank earnings marked the unofficial start of the reporting season, and quarterly earnings from the biggest Wall Street firms relayed a mixed message.
Schlumberger NV (NYSE: SLB) shares are trading higher by 4.02% to $51.08 Tuesday afternoon. Shares of companies in the broader energy sector are trading higher as oil prices increase.