SLB (SLB) said it continues to closely monitor the situation in the Middle East and adapt its operations. For the first quarter, the company expects revenue will be lower than expected. SLB expects to incur additional costs resulting in an impact of approximately 6-9 cents of earnings per share for the first quarter.
The company has activated local and regional crisis response teams. Also, it has begun to demobilize operations in a few countries. SLB said it will begin a phased resumption of full activity as conditions allow.
In pre-market trading on NYSE, SLB shares are down 2.4 percent to $46.95.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.