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-0.000895484201100079 -0.000640910835358839 0.000255852628885711 0.00204682103108605 0.00594857362159401 0.00678393245490593 0.00927465779710897 0.00985032621210178
Stock impact report

Schlumberger's Operating Earnings Improve Despite One-Time Charges [The Motley Fool]

Schlumberger N.V. (SLB) 
Last schlumberger n.v. earnings: 4/17 06:50 am Check Earnings Report
US:NYSE Investor Relations: investorcenter.slb.com
Company Research Source: The Motley Fool
The company continues to write down some investments and restructure the business, and that's eating into profits. This past quarter was yet another example of why investors shouldn't expect industry cycles to follow a straight path either up or down. While Schlumberger ( NYSE:SLB ) posted better revenue and operating numbers for the fourth quarter, bottom-line results were hit yet again by a large swath of charges that swung the company back to the loss column. It may have been discouraging, but the underlying business and management's outlook for 2018 should reassure investors that their investment in Schlumberger is well placed. Let's dig into the oil services giant's most recent results and see what it anticipates for the rest of the year. Image source: Getty Images. By the numbers Metric Q4 2017 Q3 2017 Q4 2016 Revenue $8.18 billion $7.91 billion $7.1 billion Pre-tax income ($2.21 billion) $667 million ($213 million) Show less Read more
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