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SLB falls on first-quarter profit miss

ReutersApr 25, 2025 11:19 AM

Shares of oilfield services provider SLB SLB.N down 1.9% at $34.27 premarket

Company misses Q1 estimates as slowdown in demand in Latin America for its oilfield equipment and services dragged its international business

Posts Q1 adjusted profit of 72 cents/share vs estimate of 74 cents/share - data compiled by LSEG

SLB says Q1 international revenue fell 5% to $6.73 billion

As of last close, shares were down 8.9% YTD

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