Investing.com - Schlumberger reported third quarter earnings that beat analyst's expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.46 on revenue of $8.5B. Analysts polled by Investing.com expected EPS of $0.45 on revenue of $8.6B. That compared to EPS of $0.42 on revenue of $7.91B in the same period a year earlier The company had reported EPS of $0.43 on revenue of $8.3B in the previous quarter.
For the year, Schlumberger shares are down 18.88%, under-performing the S&P 500 which is up 3.17% year to date.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar