Schlumberger Ltd. (SLB) reported a profit for fourth quarter that Drops, from last year
The company's earnings came in at $824 million, or $0.55 per share. This compares with $1.095 billion, or $0.77 per share, last year.
Excluding items, Schlumberger Ltd. reported adjusted earnings of $1.179 billion or $0.78 per share for the period.
The company's revenue for the period rose 5.0% to $9.745 billion from $9.284 billion last year.
Schlumberger Ltd. earnings at a glance (GAAP) :
-Earnings: $824 Mln. vs. $1.095 Bln. last year.-EPS: $0.55 vs. $0.77 last year.-Revenue: $9.745 Bln vs. $9.284 Bln last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.