Schlumberger (NYSE:SLB) reported its Q2 earnings results on Friday, July 22, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Schlumberger beat estimated earnings by 28.21%, reporting an EPS of $0.5 versus an estimate of $0.39.
Revenue was up $1.14 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.46% increase in the share price the next day.
Here’s a look at Schlumberger’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.30 | 0.34 | 0.30 | 0.26 |
| EPS Actual | 0.34 | 0.41 | 0.36 | 0.30 |
| Revenue Estimate | 5.46B | 5.34B | 5.11B | 5.50B |
| Revenue Actual | 5.96B | 6.22B | 5.85B | 5.63B |
To track all earnings releases for Schlumberger visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.