Schlumberger Announces Third-Quarter 2015 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Wall St up after tech selloff as yields retreat; Moderna surges
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Target raises full-year sales forecast amid ongoing turnaround drive
- Marvell issues Google warrant tied to custom chip deal
- Tech selloff weighs down Wall Street as bond yields climb
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Francisco Partners to acquire Weave Communications for $650M
UBS Reiterates Buy on Schlumberger Ltd. (SLB) Following 3Q Results
October 19, 2015 9:27 AM EDTUBS reiterated a Buy rating and $90.00 price target on Schlumberger (NYSE: SLB) following the company's 3Q15 earnings results. EPS of $0.78 beats consensus of $0.77.
Analyst Angie Sedita commented, "The company had another quarter with solid execution on the margin front as well as FCF. Their ability to... More
Schlumberger Ltd. (SLB) Q3 Sales Plunge 33%, EPS 48% YoY; CEO Warns of 'Delayed' Recovery
October 15, 2015 4:44 PM EDTIllustrating the headwinds facing the oil & gas sector, oil service giant Schlumberger Ltd. (NYSE: SLB) reported third quarter results which showed a sharp drop from last year.
Revenue fell 33% from last year to $8.47 billion and operating income fell 49% to $989 million. EPS was down... More
Schlumberger Ltd. (SLB) Tops Q3 EPS by 1c
October 15, 2015 4:11 PM EDTSchlumberger Ltd. (NYSE: SLB) reported Q3 EPS of $0.78, $0.01 better than the analyst estimate of $0.77. Revenue for the quarter came in at $8.47 billion versus the consensus estimate of $8.55 billion.
Schlumberger Chairman and CEO Paal Kibsgaard commented, Schlumberger third-quarter revenue decreased 6% sequentially driven by a continuing decline in rig activity and persistent pricing pressure throughout our global operations. North America revenue fell 4% sequentially as we focused on balancing margins and market share, while International revenue dropped 7% due to customer budget cuts, activity disruptions, and service pricing erosion.
The business environment deteriorated further in the third... More
