Live Updates
Join the earnings call
SLB will host its earnings call at 9:30 am ET on Friday, July 18—you can dial in at +1 (833) 470-1428 and use passcode 719185. Alternatively, join the live webcast here.
Schlumberger (NYSE: SLB) just released earnings and beat on the top and bottom line. Shares are up about 1% shortly after their earnings release. We’ll be following along Wall Street’s reaction and offering analysis of the company’s Q2 earnings in this live blog.
What Did Schlumberger Report?
SLB’s Q2 25 revenue declined 6.6% year-over-year to $8.55 B, with net income down 8.8% to $1.01 B and operating income sliding over 21% to $1.28 B. Operating cash flow and free cash flow fell roughly 20% and 31.7%, respectively, while cash and equivalents surged 190.8% to $8.59 B.
| Metric | Q2 25 | Q2 2024 | Change |
|---|---|---|---|
| Revenue | $8.55 B | $9.15 B | -6.57% |
| Net Income | $1.01 B | $1.11 B | -8.81% |
| Operating Income | $1.28 B | $1.64 B | -21.41% |
| Cash And Equivalents | $8.59 B | $2.95 B | 190.76% |
| Operating Cash Flow | $1.14 B | $1.44 B | -20.47% |
| Free Cash Flow | $622.00 M | $911.00 M | -31.72% |
The Numbers That Matter
Here’s the revenue and EPS figures for Schlumberger relative to Wall Street expectations in Q2:
- Revenue: $8.55 billion (versus expectations of $$8.48 billion)
- EPS: $.74 (versus expectations of $.73 per share)
The post Live: Schlumberger Earnings Coverage appeared first on 24/7 Wall St..
Author: Joel South
This content is courtesy of, and owned and copyrighted by, https://247wallst.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
