SLB Q2 2024 Adj EPS $0.85 Beats $0.83 Estimate, Sales $9.139B Beat $9.076B Estimate
Portfolio Pulse from Benzinga Newsdesk
SLB (NYSE:SLB) reported Q2 2024 earnings of $0.85 per share, beating the analyst estimate of $0.83. Sales were $9.139 billion, also surpassing the $9.076 billion estimate. This marks an 18.06% increase in EPS and a 12.84% increase in sales compared to the same period last year.
July 19, 2024 | 10:52 am
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SLB reported Q2 2024 earnings of $0.85 per share, beating the analyst estimate of $0.83. Sales were $9.139 billion, also surpassing the $9.076 billion estimate. This marks an 18.06% increase in EPS and a 12.84% increase in sales compared to the same period last year.
SLB's Q2 2024 earnings and sales both exceeded analyst estimates, showing strong year-over-year growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100