17.01.2020 13:11:52
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Schlumberger Ltd. Q4 adjusted earnings Beat Estimates
(RTTNews) - Schlumberger Ltd. (SLB) released a profit for fourth quarter that decreased from the same period last year.
The company's earnings totaled $333 million, or $0.24 per share. This compares with $538 million, or $0.39 per share, in last year's fourth quarter.
Excluding items, Schlumberger Ltd. reported adjusted earnings of $545 million or $0.39 per share for the period.
Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.6% to $8.23 billion from $8.18 billion last year.
Schlumberger Ltd. earnings at a glance:
-Earnings (Q4): $545 Mln. vs. $498 Mln. last year. -EPS (Q4): $0.39 vs. $0.36 last year. -Analysts Estimate: $0.37 -Revenue (Q4): $8.23 Bln vs. $8.18 Bln last year.
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Schlumberger N.V. (Ltd.) | 35,50 | -1,53% |