Schlumberger Q3 Earnings: Mixed Results As Middle East Shines And Latin America Falters
Schlumberger N.V. (NYSE:SLB) shares are trading lower after the company reported mixed third-quarter results. Revenue grew 10.2% year over year to $9.159 billion, missing the consensus of $9.25 billion. SLB stated that revenue increased in the Middle East, Asia, and offshore North America but was counterbalanced by a decline in Latin America, with Europe and Africa remaining stable. Adjusted EPS increased 14% to 89 cents, above the consensus of 88 cents. Revenue by Division: Digital & Integratio