Schlumberger Beats Earnings Estimates As Q2 Revenues Grow By 10% ...Middle East

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Schlumberger Beats Earnings Estimates As Q2 Revenues Grow By 10%
The world’s largest oilfield services provider Schlumberger (NYSE: SLB), reported on Friday third-quarter earnings beating analyst estimates, thanks to accelerating international drilling activity on top of already robust activity in North America.    Schlumberger reported earnings per share (EPS), excluding charges and credits, of $0.63 for the third quarter, up by 26% sequentially and 75% year on year. The earnings easily beat the analyst consensus in The Wall Street Journal of $0.55 per-share earnings. Schlumberger’s…

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