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Schlumberger Ltd. Q3 adjusted earnings Beat Estimates

Schlumberger Ltd. (SLB) released earnings for its third quarter that climbed from last year.

The company's profit came in at $644 million, or $0.46 per share. This compares with $545 million, or $0.39 per share, in last year's third quarter.

Excluding items, Schlumberger Ltd. reported adjusted earnings of $644 million or $0.46 per share for the period.

Analysts had expected the company to earn $0.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.5% to $8.50 billion from $7.91 billion last year.

Schlumberger Ltd. earnings at a glance:

-Earnings (Q3): $644 Mln. vs. $581 Mln. last year.
-EPS (Q3): $0.46 vs. $0.42 last year.
-Analysts Estimate: $0.45
-Revenue (Q3): $8.50 Bln vs. $7.91 Bln last year.

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