Schlumberger Ltd. (SLB) Tops Q1 EPS by 1c

Schlumberger Announces First-Quarter 2018 Results

April 20, 2018 7:05 AM EDT

Revenue of $7.8 billion decreased 4% sequentially Pretax operating income of $974 million decreased 16% sequentially EPS was $0.38 Cash flow from operations was $568 million

PARIS--(BUSINESS WIRE)-- Schlumberger Limited (NYSE: SLB) today reported results for the first quarter of 2018.

         

 

     

(Stated in millions, except

per share amounts)

Three Months Ended Change Mar. 31, 2018     Dec. 31, 2017     Mar. 31, 2017 Sequential     Year-on-year Revenue $7,829 $8,179 $6,894 -4% 14% Pretax operating income $974 $1,155 $757 -16% 29% Pretax operating margin... More