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Schlumberger Kicks Off Oilfield Services Earnings Season: What You Need To Know

Benzinga.com
0 Comments| July 13, 2015

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Schlumberger Limited (NYSE: SLB) is set to kick of Q2 earnings season for oil & gas equipment and services stocks on Thursday. Here’s a breakdown of what to expect from Schlumberger and the rest of the industry this quarter.

Expectations

According to Estimize, Wall Street is looking for EPS of $0.79 from Schlumberger on revenue of $9.15 billion for the quarter. If Schlumberger hits that mark, it would represent a 3.9 percent quarter-over-quarter growth in earnings, but a 34.7 percent decline from Q2 2014’s $1.21 EPS ...

/www.benzinga.com/news/earnings/15/07/5665337/schlumberger-kicks-off-oilfield-services-earnings-season-what-you-need-t alt=Schlumberger Kicks Off Oilfield Services Earnings Season: What You Need To Know>Full story available on Benzinga.com

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