SLB - These Analysts Revise Their Forecasts On Schlumberger After Q1 Results | Benzinga
Schlumberger N.V. (NYSE:SLB) reported upbeat sales for its first quarter on Friday.
The company a first-quarter 2024 revenue increase of 13% year-over-year to $8.707 billion, beating the consensus of $8.689 billion. Adjusted EPS increased 19% Y/Y to 75 cents, which aligned with the consensus, according to data from Benzinga Pro.
Digital & Integration $953 million (+7% Y/Y); Reservoir Performance $1.725 billion (+15% Y/Y); Well Construction $3.368 billion (+3% Y/Y), and Production Systems $2.82 billion (+28% Y/Y). International revenue grew 18% Y/Y, with YoY growth of 29% in the Middle East & Asia and 18% in Europe & Africa. North American market revenue declined 6% Y/Y.
SLB declared a quarterly cash dividend of 27.5 ...