SLB Announces Third-Quarter 2024 Results
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SLB (SLB) PT Lowered to $54 at Citi
October 21, 2024 7:26 AM EDTCiti analyst Scott Gruber lowered the price target on SLB (NYSE: SLB) to $54.00 (from $60.00) while maintaining a Buy rating.
The analyst comments "With upstream spending growth losing steam, we reduce 4q EBITDA by 1.5% to $2.36B ($2.42B with other income) given 1.5% less revenue... More
SLB (SLB) PT Lowered to $57 at Raymond James
October 21, 2024 6:29 AM EDTRaymond James analyst James Rollyson lowered the price target on SLB (NYSE: SLB) to $57.00 (from $59.00) while maintaining a Outperform rating.
The analyst comments "SLB EBITDA results came through as internal cost management was able to offset weaker top line improvement. The company called... More
Goldman Sachs Reiterates Conviction Buy Rating on SLB (SLB)
October 21, 2024 6:04 AM EDTGoldman Sachs analyst Neil Mehta reiterated a Conviction Buy rating and $52.00 price target on SLB (NYSE: SLB).
The analyst comments "Following underperformance, we see favorable value in SLB as even at our moderated estimates, the company is well positioned to deliver strong free cash flow and return of capital, and we see room for multiple rerating. We believe the stock's 3M underperformance has been largely driven by investor... More
Schlumberger Ltd. (SLB) Misses Q3 EPS by 6c, Misses on Revenue
October 18, 2024 6:51 AM EDTSchlumberger Ltd. (NYSE: SLB) reported Q3 EPS of $0.83, $0.06 worse than the analyst estimate of $0.89. Revenue for the quarter came in at $9.16 billion versus the consensus estimate of $9.28 billion.
For earnings history and earnings-related data on Schlumberger Ltd. (SLB) click here.
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