SLB NV reports results for the quarter ended June 30 - Earnings Summary
SLB NV reports results for the quarter ended June 30 - Earnings Summary
SLB NV SLB.N reported quarterly adjusted earnings of 55 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 74 cents. The mean expectation of twenty six analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 50 cents to 55 cents per share.
Revenue rose 5% to $8.97 billion from a year ago; analysts expected $8.67 billion.
SLB NV's reported EPS for the quarter was 52 cents.
The company reported quarterly net income of $786 million.
SLB NV shares had risen by 1.6% this quarter and gained 23.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 11.1% in the last three months.
In the last 30 days, eight analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy," 3 "hold" and 2 "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 SLB NV is $62.00, about 23.8% above its last closing price of $47.22
This summary was machine generated from LSEG data July 24 at 12:01 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.51 | 0.55 | Beat |
Mar. 31 2026 | 0.52 | 0.52 | Met |
Dec. 31 2025 | 0.74 | 0.78 | Beat |
Sep. 30 2025 | 0.66 | 0.69 | Beat |
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