Schlumberger Limited (NYSE: SLB) came up with its fourth-quarter 2020 results on Friday.
Revenue decreased to $5.53 billion from $8.23 billion last year. Analysts had expected revenue of $5.25 billion.
The company posted a net income of $374 million, up from $333 million reported a year earlier. Earnings per share increased to $0.27 from $0.24, compared to analysts’ estimate of $0.17 per share.
The stock dropped to $24.03 during Friday’s pre-market session, after closing the previous session down 5%.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,