Schlumberger Announces First-Quarter 2021 Results
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Schlumberger Ltd. (SLB) Tops Q1 EPS by 2c, Revenues Beat
April 23, 2021 6:52 AM EDTSchlumberger Ltd. (NYSE: SLB) reported Q1 EPS of $0.21, $0.02 better than the analyst estimate of $0.19. Revenue for the quarter came in at $5.22 billion versus the consensus estimate of $5.09 billion.
Worldwide revenue was $5.2 billionInternational revenue was $4.2 billion and North America revenue was $972 millionEPS was $0.21Cash flow from operations was $429 million and free cash flow was $159 millionBoard approved quarterly cash dividend of $0.125 per shareSchlumberger CEO Olivier Le Peuch commented, We started the year with conviction in our strategic direction and our resulting outlook for 2021. The combination of the promising first-quarter results... More
