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Rashmi Kumari

FORGOTTEN HISTORY: Earnings preview what to expect from schlumberger s report - The Untold Story

Schlumberger SLB

Based in Houston, Texas, Schlumberger Limited (SLB) is a leading oilfield services company that provides services to oil and gas explorers and producers worldwide. Valued at a market cap of $62.81 billion, the company is renowned for its innovation and expertise in the energy industry. It is all set to announce its fiscal Q3 earnings results before the market opens on Friday, Oct. 18.

Ahead of this event, analysts expect the tech company to report a profit of $0.89 per share, up 14.1% from $0.78 per share in the year-ago quarter. Moreover, the company has consistently surpassed Wall Street's bottom-line estimates in the last four quarters.

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