SLB NV beat analyst estimates for third-quarter earnings and revenue. The stock closed at $49.55, while analysts made more negative than positive EPS revisions over the last 90 days.
SLB NV (NYSE: SLB) reported third-quarter earnings per share (EPS) of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue also topped estimates.
Revenue came in at $9.45 billion, against a consensus estimate of $9.27 billion.
Stock down over three months, up over 12
SLB's stock price closed at $49.55. It is down 5.48% in the last 3 months and up 38.29% in the last 12 months.
Meanwhile, SLB saw 5 positive EPS revisions and 13 negative EPS revisions in the last 90 days.
Source: Investing.com
Trading involves risk.