Schlumberger's Digital Growth Leads Q4
(NYSE:SLB), a leading global technology company in oilfield services, reported fourth-quarter 2024 results on Friday, Jan. 17, that exceeded Wall Street's consensus expectations. Non-GAAP earnings per share reached $0.92, outperforming the projected $0.90. Revenue totaled $9.28 billion, surpassing the $9.18 billion estimate.
Overall, the quarter showed promise with robust growth in digital and integration areas, but SLB (as it is also known) also had to navigate challenges in its Well Construction and Latin American segments.
Source: Schlumberger. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. EBITDA = Earnings before interest, taxes, depreciation, and amortization.
Source Fool.com
Schlumberger Ltd. Stock
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