Benzinga | Oct 22, 2021 07:36AM EDT

Schlumberger: Q3 Earnings Insights



Schlumberger (NYSE:SLB) reported its Q3 earnings results on Friday, October 22, 2021 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Schlumberger beat their estimated earnings by 20.0%, which surprised analysts.

Revenue was up $589,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04, which was followed by a 1.54% increase in the share price the next day.

Here's a look at Schlumberger's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.26 0.19 0.17 0.12EPS Actual 0.30 0.21 0.22 0.16Revenue Estimate 5.50B 5.09B 5.25B 5.38BRevenue Actual 5.63B 5.22B 5.53B 5.26B

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