SLB Announces First-Quarter 2023 Results

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SLB (SLB) shares slide despite earnings, revenue beat

April 21, 2023 10:38 AM EDT

Oilfield services firm SLB (NYSE: SLB) is down around 3% Friday following its first quarter earnings release that saw it top consensus profit and revenue expectations.

Schlumberger reported Q1 EPS of $0.63, $0.03 better than the analyst estimate of $0.60, while revenue for the quarter came in at $7.7... More

Schlumberger Ltd. (SLB) Tops Q1 EPS by 3c

April 21, 2023 6:51 AM EDT

Schlumberger Ltd. (NYSE: SLB) reported Q1 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.45 billion.

Adjusted EBITDA of $1.8 billion increased 43% year on yearCash flow from operations was $330... More