Schlumberger: Q3 results in line with consensus

(CercleFinance.com) - Released on Friday, Schlumberger's Q3 2018 results included net income of 644 million euros, up 18% under GAAP compared to Q3 2017.


Adjusted EPS for the oil services group came in at 46 cents, up 7 cents y-o-y and in line with the consensus (0.458 dollar).

Sales increased 8% y-o-y and were 2% sequentially to 8.51 billion dollars. Business was supported by the strength of the North American market, with Schlumberger continuing to win market share there.



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