SLB beats third-quarter revenue estimates as adjusted EPS tops forecasts
SLB reported third-quarter revenue of $9,449 million against an IBES estimate of $9,280 million, with adjusted EPS of $0.64 versus $0.62 expected.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
SLB reported its third-quarter results, with revenue of $9,449 million against an IBES estimate of $9,280 million. Net income came in at $735 million, and EPS was $0.49. Adjusted EPS reached $0.64, compared with the $0.62 analysts had expected. The figures were reported by Reuters.
For the full year, SLB outlined capital investment of $2,500 million.
why it matters
The oilfield services sector is closely watched because capital spending by oil and gas producers drives demand for companies like SLB and its rivals. Revenue above consensus points to steady activity in the industry, though a single earnings report rarely moves oil prices on its own.
market impact
Oilfield services: revenue above expectations supports the sector; the capex outlook matters for demand for drilling services.
tags
instruments
sources
- BRIEF-Flagstar Bank Q3 Adjusted EPS USD 0.01 Vs. IBES Estimate USD 0.08 — Reuters, 23 October 2026 at 10:01 UTC
- BRIEF-SLB Q3 Adjusted EPS USD 0.64 Vs. IBES Estimate USD 0.62 — Reuters, 23 October 2026 at 10:51 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗