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Friday, January 18, 2019

=Schlumberger (SLB) reported earnings on Fri 18 Jan 2019 (b/o)



Schlumberger misses by $0.02, reports revs in-line
  • Reports Q4 (Dec) earnings of $0.36 per share, excluding non-recurring items, $0.02 worse than the S&P Capital IQ Consensus of $0.38; revenues were unchanged year/year at $8.18 bln vs the $8.1 bln S&P Capital IQ Consensus.
  • "Production revenue of $12.4 billion increased 17%, while Drilling revenue of $9.3 billion improved 10%. Reservoir Characterization revenue of $6.5 billion declined 4%, mostly driven by the divestiture of the WesternGeco marine seismic acquisition business."

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