Schlumberger NV reports results for the quarter ended December 31 - Earnings Summary

• Schlumberger NV SLB.N reported quarterly adjusted earnings of 92 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of twenty five analysts for the quarter was for earnings of 90 cents per share. Wall Street expected results to range from 84 cents to 94 cents per share.

• Revenue rose 3.3% to $9.28 billion from a year ago; analysts expected $9.18 billion.

• Schlumberger NV's reported EPS for the quarter was 77 cents​.

• The company reported quarterly net income of $1.1 billion.

• Schlumberger NV shares had risen by 7.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 26 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil related services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Schlumberger NV is $52.00

This summary was machine generated from LSEG data January 17 at 01:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)