Shares of Schlumberger Ltd. shed 1.2% in premarket trading Friday, after the oil driller reported second-quarter profit that topped expectations but revenue...
Shares of Schlumberger Ltd. SLB shed 1.2% in premarket trading Friday, after the oil driller reported second-quarter profit that topped expectations but revenue that came up a bit short. Net income rose to $1.03 billion, or 72 cents a share, from $959 million, or 67 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 72 cents topped the FactSet consensus of 71 cents. Revenue grew 19.6% to $8.099 billion but missed the FactSet consensus of $8.
03 billion, or 72 cents a share, from $959 million, or 67 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 72 cents topped the FactSet consensus of 71 cents. Revenue grew 19.6% to $8.099 billion but missed the FactSet consensus of $8.204 billion, amid growth of 20% or more in international markets while North America revenue rose 14%.
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