SLB expected to post 62 cents a share ahead of October 23 results
SLB reports on October 23 for the period ended September 30, 2026. Analysts polled by LSEG expect revenue to rise 3.9% to $9.28 billion.
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what happened
SLB N.V. is set to report results on October 23 for the period ending September 30, 2026. According to Earnings Preview, citing LSEG data, the mean estimate of 21 analysts points to revenue of $9.28 billion, against $8.93 billion a year earlier, an increase of 3.9%. The average earnings forecast is 62 cents per share, and that estimate has not changed over the last three months.
The company had earlier guided to revenue of $9.078 billion for this period, given on July 24, 2026. Analyst sentiment is broadly positive: 26 recommendations are buy or strong buy, 2 are hold and 2 are sell or strong sell. The median 12-month price target is $63.00, compared with a last close of $49.98.
why it matters
SLB's report matters beyond its own shares because it gives a read on how oil and gas operators are spending on drilling and production. Revenue and guidance help gauge investment cycles across the oilfield services sector, so the market reaction may spill over to related companies.
market impact
Oilfield services: SLB's report sets a gauge for drilling demand and sector sentiment
tags
instruments
sources
- Flagstar Bank, National Association expected to post earnings of 8 cents a share — Earnings Preview, 21 October 2026 at 10:01 UTC
- SLB N.V. expected to post earnings of 62 cents a share — Earnings Preview, 21 October 2026 at 11:13 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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