Schlumberger Q3 profit jumps 18%, beats estimates

Schlumberger (SLB) reported an 18% jump in earnings for the third quarter helped by higher revenue in the North America region. The bottom line came in above analysts’ expectations, while the top line missed consensus estimates. Following this, the stock inched up over 1% in the premarket session. Net income for the quarter jumped 18% … Continue reading Schlumberger Q3 profit jumps 18%, beats estimates