Investing.com - Schlumberger (NYSE:SLB) reported third quarter earnings that beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.36 on revenue of $5.85B. Analysts polled by Investing.com anticipated EPS of $0.3563 on revenue of $5.94B. .
For the year, Schlumberger shares are up 57.12%, outperforming the S&P 500 which is up 21.13% year to date.
Schlumberger follows other major Energy sector earnings this month
On Thursday, Valero Energy reported third quarter EPS of $1.22 on revenue of $29.52B, compared to forecasts of EPS of $0.8593 on revenue of $24.85B.
Halliburton earnings beat analyst's expectations on Tuesday, with third quarter EPS of $0.28 on revenue of $3.86B. Investing.com analysts expected EPS of $0.2765 on revenue of $3.9B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar