Investing.com - Schlumberger (NYSE:SLB) reported second quarter earnings that matched analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.35 on revenue of $8.27B. Analysts polled by Investing.com expected EPS of $0.35 on revenue of $8.11B. That compared to EPS of $0.43 on revenue of $8.3B in the same period a year earlier. The company had reported EPS of $0.3 on revenue of $7.88B in the previous quarter.
For the year, Schlumberger shares are up 7.43%, under-performing the S&P 500 which is up 20.92% year to date.
Schlumberger follows other major Energy sector earnings this month
On Friday, Petroleum Geo-Services ADR reported second quarter EPS of $-0.14 on revenue of $192.4M, compared to forecasts of EPS of $-0.01 on revenue of $229.14M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar