Investing.com - Schlumberger (NYSE:SLB) reported second quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.3 on revenue of $5.63B. Analysts polled by Investing.com forecast EPS of $0.2586 on revenue of $5.51B. .
For the year, Schlumberger shares are up 28.17%, outperforming the S&P 500 which is up 16.28% year to date.
Schlumberger follows other major Energy sector earnings this month
On Wednesday, Baker Hughes reported second quarter EPS of $0.1 on revenue of $5.14B, compared to forecasts of EPS of $0.1569 on revenue of $4.94B.
Halliburton earnings beat analyst's expectations on Tuesday, with second quarter EPS of $0.26 on revenue of $3.71B. Investing.com analysts expected EPS of $0.2211 on revenue of $3.71B
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