Schlumberger (SLB) reported quarterly earnings of $0.78 per share, surpassing the Zacks Consensus Estimate of $0.77. This marks an increase from $0.63 per share a year ago. The company has beaten consensus EPS estimates four times in the last four quarters. Revenues for the quarter were $8.31 billion, slightly below expectations. Schlumberger shares have risen 12.2% this year.

Looking ahead, investors are curious about Schlumberger’s future performance. The company’s earnings outlook and estimate revisions can provide insights into its potential stock movement. The current Zacks Rank for Schlumberger is #3 (Hold), indicating expected market-level performance. Analysts project earnings of $0.86 per share for the next quarter and $2.97 for the current fiscal year.

Meanwhile, Core Laboratories (CLB) is yet to release its quarterly results, expected on November 1. Analysts anticipate earnings of $0.23 per share, a 27.8% increase from the previous year. Revenues are projected to reach $129.32 million, up 2.7% year-over-year. The energy services company remains a key player in the oil and gas industry.

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Read more at Nasdaq: Schlumberger (SLB) Q3 Earnings Top Estimates