Schlumberger Announces Second-Quarter 2020 Results
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Schlumberger Ltd. (SLB) Tops Q2 EPS by 6c
July 24, 2020 6:53 AM EDTSchlumberger Ltd. (NYSE: SLB) reported Q2 EPS of $0.05, $0.06 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $5.36 billion versus the consensus estimate of $5.36 billion.
Worldwide revenue of $5.4 billion decreased 28% sequentiallyInternational revenue of $4.1 billion decreased 19% sequentiallyNorth America revenue of $1.2 billion decreased 48% sequentiallyGAAP loss per share, including charges and credits of $2.52 per share, was $2.47EPS, excluding charges and credits, was $0.05Cash flow from operations was $803 million and free cash flow was $465 millionBoard approved quarterly cash dividend of $0.125 per... More