Schlumberger: Q2 Earnings Insights

  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.

 

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.

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