SLB Announces Second-Quarter 2024 Results
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July 22, 2024 1:17 PM EDT
Stifel analyst Stephen Gengaro raised the price target on SLB (NYSE: SLB) to $65.00 (from $64.00) while maintaining a Buy rating.
The analyst comments "SLB's 2Q24 results, 3Q24 guidance, and 2024 outlook (EBITDA up 14-15%) support our positive outlook for the shares. Based on SLB's track... More
July 22, 2024 6:29 AM EDT
RBC Capital analyst Keith Mackey reiterated an Outperform rating and $69.00 price target on SLB (NYSE: SLB).
The analyst comments "SLB's 2Q24 results and near-term guidance were solid. The company continues to benefit from favourable trends in international and offshore oil & gas development, while its... More
July 19, 2024 9:11 AM EDT
Citi analyst Scott Gruber reiterated a Buy rating and $62.00 price target on SLB (NYSE: SLB).
The analyst comments "SLB reported 2q EBITDA of $2.288B, 1% above FactSet consensus and 2% above our forecast. Adjusted EPS of 85c beat consensus at 83c and our... More
July 19, 2024 6:51 AM EDT
Schlumberger Ltd. (NYSE: SLB) reported Q2 EPS of $0.85, $0.02 better than the analyst estimate of $0.83. Revenue for the quarter came in at $9.14 billion versus the consensus estimate of $9.08 billion.
For earnings history and earnings-related data on Schlumberger Ltd. (SLB) click here.
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