SLB (NYSE:SLB) reported its Q1 earnings results on Friday, April 21, 2023 at 06:50 AM.
Here’s what investors need to know about the announcement.
Earnings
SLB beat estimated earnings by 5.0%, reporting an EPS of $0.63 versus an estimate of $0.6.
Revenue was up $1.77 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.05% drop in the share price the next day.
Here’s a look at SLB’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.68 | 0.56 | 0.39 | 0.30 |
| EPS Actual | 0.71 | 0.63 | 0.50 | 0.34 |
| Revenue Estimate | 7.81B | 7.15B | 6.14B | 5.46B |
| Revenue Actual | 7.88B | 7.48B | 6.77B | 5.96B |
To track all earnings releases for SLB visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.