Schlumberger Ltd. (SLB – Analyst Report) just released their fourth quarter fiscal 2015 earnings results, posting an earnings beat of $0.65 but a revenue miss of $7.744 billion.

Currently, SLB has a Zacks Rank #5 (Strong Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Schlumberger:

1. Beat earnings estimates. The company posted $0.65, beating our Zacks Consensus Estimate of $0.63. This number excludes $1.46 from non-recurring items. It was a 17% sequential decrease.

2. Missed revenue estimates. The company saw revenue figures of $7.744 billion, missing our estimate of $7.790 billion, a 9% sequential decrease.

3. New share repurchase program of $10 billion was approved, and a quarterly cash dividend of $0.50 per share was approved.

4. “We remain constructive in our view of the market outlook in the medium term, and continue to believe that the underlying balance of supply and demand will tighten, driven by growth in demand, weakening supply as E&P investment cuts take effect, and by the size of the annual supply replacement challenge,” wrote the company in a news release.

5. SLB is up $0.30, or 0.49% at $61.75 as of 5:03 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at Schlumberger’s quarterly net income and profit margin:

Schlumberger is a global technology services company consisting of two business segments: Schlumberger Oilfield Services, a provider of exploration and production services to the international petroleum industry, and SchlumbergerSema, an IT company that provides a unique combination of domain expertise and global capabilities delivered on a local basis. Schlumberger was founded in 1926 and has executive offices in Paris, London, Houston, Texas, and The Netherlands. 

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