SLB (SLB) News Today

SLB Limited (SLB) — Shares are trading lower after the company reported third‑quarter results that mixed a small EPS beat with weaker revenue and margin signals, and some analysts trimming targets. Below are the key points investors are watching.

• Positive Sentiment: Q3 EPS topped consensus: SLB reported $0.69/share vs. Zacks/consensus of ~$0.66–0.67, which provided initial upside to the stock on better‑than‑expected profitability. Zacks: SLB Q3 Earnings Top Estimates
• Positive Sentiment: North America demand remained strong, supporting better margins in that region and helping the company beat profit expectations. Reuters: SLB beats estimates for Q3 profit
• Neutral Sentiment: Company release: Revenue was $8.93B (sequentially up ~4% but down ~3% year‑over‑year); GAAP income before taxes and net income declined versus prior periods — important context but mixed for near‑term outlook. Business Wire: Q3 results
• Negative Sentiment: Revenue missed analyst estimates (~$8.99B est vs $8.93B reported) and top‑line weakness (year‑over‑year decline) plus lower GAAP profitability weighed on investor confidence. Press Release: Q3 financials
• Negative Sentiment: Management signaled caution (Barron’s flagged a warning from CEO Olivier Le Peuch), highlighting areas of concern that may temper forward guidance and investor enthusiasm. Barron's: SLB flagged warning
• Negative Sentiment: Analyst reaction: Piper Sandler trimmed its price target (and other analyst comments were cautious), which can amplify selling pressure despite the EPS beat. Benzinga/The Fly: PT lowered

Bottom line for investors: the EPS beat and strong North America activity are supportive, but a revenue miss, weaker margins/earnings versus last year, management caution, and analyst PT cuts are driving the stock lower today. Monitor upcoming commentary on guidance and segment trends for clearer directional cues.