SLB Earnings Prediction
The chart below shows how SLB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SLB sees a -2.91% change in stock price 10 days leading up to the earnings, and a -3.31% change 10 days following the report. On the earnings day itself, the stock moves by +0.44%. This data can give you a slight idea of what to expect for the next quarter's release.
SLB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
9.28B
3.27%
1.36%
Gross Margin
21.12%
5.71%
-0.09%
Operating Margin
19.94%
18.48%
10.10%
Net Margin
12.04%
-5.72%
-9.47%
EPS
0.77
0.00%
-7.23%
No Data Available
SLB Earnings Analysis
Schlumberger NV Corporation (SLB.N) Earnings Conference Call
Positive
International Revenue Surge: Fourth quarter international revenue reached a new cycle-high, contributing to a strong free cash flow of $1.63 billion for the quarter.
Strong EBITDA and Cash Flow: Full year adjusted EBITDA margin achieved a target of 25%, with robust free cash flow of $4 billion and a return of $3.3 billion to shareholders.
Production Systems Growth: Production Systems division grew by 24% year-on-year, expanding margins by almost 300 basis points, driven by double-digit revenue increases in key areas.
Digital Revenue Surge: Digital revenue grew 20% for the full year, exceeding targets, supported by strong demand for cloud, AI, and digital operations solutions.
Low-Carbon Market Revenue Growth: Revenue from low-carbon markets and data center infrastructure solutions exceeded $850 million in 2024, with expectations for significant growth in 2025.
Negative
North America Revenue Decline: Fourth quarter revenue in North America declined by 1% year-on-year, indicating a stagnation in growth despite overall revenue increases in other regions.
Well Construction Revenue Decline: Well Construction revenue decreased by 1% sequentially in the fourth quarter, with margins contracting by 70 basis points due to lower drilling activity in Mexico and Saudi Arabia.
Revenue Decline Analysis: Reservoir Performance revenue fell by 1% sequentially in the fourth quarter, reflecting reduced intervention and stimulation activity, which could signal a slowdown in operational demand.
Net Charges and Impairments: Despite a strong overall performance, the company recorded $0.15 in net charges during the fourth quarter, including $0.10 related to impairments, indicating potential asset valuation concerns.
Flat Revenue Outlook: The outlook for 2025 suggests flat revenue growth, with adjusted EBITDA expected to be at or above 2024 levels, highlighting a lack of anticipated growth momentum in the near term.
SLB FAQs
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SLB Earning Call Sentiment
Schlumberger Limited (SLB) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
SLB.N
0.69%Positive
The earnings call highlights strong financial performance with record-high digital revenue, increased dividends, and a significant share repurchase program. Despite some regional uncertainties and vague responses in the Q&A, the optimistic guidance, strong EBITDA margins, and strategic shareholder returns suggest a positive stock price movement. The overall sentiment leans towards positive, with anticipated growth in digital and non-oil segments further supporting this outlook.