Oilfield services giant SLB beats first-quarter profit estimates

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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