-+ 0.00%
-+ 0.00%
-+ 0.00%
SLB: Q3 Earnings Snapshot
Share
Listen to the news

THE HAGUE, Netherlands (AP) — THE HAGUE, Netherlands (AP) — SLB LTD (SLB) on Friday reported third-quarter earnings of $735 million.

The The Hague, Netherlands-based company said it had net income of 49 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 64 cents per share.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The world's largest oilfield services company posted revenue of $9.45 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $9.29 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLB at https://www.zacks.com/ap/SLB

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending