SLB (SLB) Set to Post Quarterly Earnings on Friday

Key Points

• SLB is expected to report Q3 2026 results before market open on October 23, with analysts forecasting earnings of $0.618 per share and revenue of $9.27 billion.
• In its previous quarter, SLB beat earnings and revenue estimates, posting $0.55 EPS and $8.97 billion in revenue; revenue increased 5% year over year, though EPS declined from $0.74 a year earlier.
• Analysts maintain a “Moderate Buy” consensus with a $62.35 average price target, while SLB offers a quarterly dividend of $0.295 per share, equivalent to a 2.4% yield.

SLB (NYSE:SLB - Get Free Report) is anticipated to announce its Q3 2026 results before the market opens on Friday, October 23rd. Analysts expect SLB to announce earnings of $0.6180 per share and revenue of $9.27 billion for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, October 23, 2026 at 9:30 AM ET.

SLB (NYSE:SLB - Get Free Report) last released its earnings results on Saturday, July 25th. The oil and gas company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.04. SLB had a net margin of 8.53% and a return on equity of 14.05%. The business had revenue of $8.97 billion for the quarter, compared to analyst estimates of $8.67 billion. During the same quarter in the previous year, the business earned $0.74 earnings per share. SLB's revenue for the quarter was up 5.0% on a year-over-year basis. On average, analysts expect SLB to post $2.48 EPS for the current fiscal year and $3.20 EPS for the next fiscal year.

SLB Price Performance

Shares of NYSE:SLB opened at $48.38 on Friday. The stock's 50 day moving average is $52.83 and its 200-day moving average is $52.16. SLB has a twelve month low of $31.64 and a twelve month high of $60.46. The firm has a market capitalization of $71.80 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 2.66 and a beta of 0.83. The company has a quick ratio of 1.05, a current ratio of 1.44 and a debt-to-equity ratio of 0.41.

SLB Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 2nd were given a dividend of $0.2950 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, September 2nd. SLB's dividend payout ratio (DPR) is 57.00%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on SLB shares. Zacks Research raised SLB from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 25th. JPMorgan Chase & Co. increased their target price on SLB from $61.00 to $62.00 and gave the stock an "overweight" rating in a research report on Monday, July 27th. Jefferies Financial Group reissued a "buy" rating and set a $66.00 price objective (up from $65.00) on shares of SLB in a research report on Sunday, July 26th. Raymond James Financial dropped their target price on shares of SLB from $62.00 to $61.00 and set an "outperform" rating on the stock in a report on Friday, July 10th. Finally, Evercore lifted their target price on shares of SLB from $63.00 to $66.00 in a report on Thursday, October 8th. Twenty-four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.35.

SLB Company Profile

SLB, formerly known as Schlumberger, is a global technology and services company serving the energy industry. The company provides equipment, technology, and technical expertise used to evaluate underground reservoirs, drill and complete wells, and optimize oil and natural gas production.

Its offerings include seismic and subsurface evaluation, well construction and drilling services, well completions, production systems, reservoir management, artificial lift, and related software and digital solutions.

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