Schlumberger (SLB) call put ratio 2.1 calls to 1 put into quarter results

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Go back to Schlumberger (SLB) call put ratio 2.1 calls to 1 put into quarter results

Schlumberger (SLB) earnings in-line, revenue beats expectations

April 19, 2024 7:05 AM EDT

Schlumberger (NYSE: SLB), a leading oilfield services company, reported first-quarter earnings per share (EPS) of $0.75, meeting analyst estimates, according to a recent press release. The company's revenue reached $8.71 billion, slightly above the consensus estimate of $8.7 billion, marking a 13% increase from the same quarter last year.

Despite the in-line earnings, SLB shares saw a modest decline of 1.2% following the announcement.

CEO Olivier Le Peuch highlighted the company's robust year-on-year growth, with a... More