earnings
confidence high
sentiment positive
materiality 0.75
SLB Q3 2024: revenue $9.16B (+10% YoY), adj. EPS $0.89, free cash flow $1.81B
SLB LIMITED/NV
2024-Q3 EPS reported
$2.34
revenue$27,005,000,000
- GAAP EPS $0.83 (+6% YoY); adjusted EPS $0.89 (+14% YoY); net income $1.19B (+6% YoY).
- Revenue steady sequentially at $9.16B; international revenue $7.43B (+12% YoY); North America $1.69B (+3% YoY).
- Adjusted EBITDA $2.34B, margin 25.6% (+54 bps YoY); cash from ops $2.45B, free cash flow $1.81B.
- Board approved quarterly dividend of $0.275 per share, unchanged from prior quarter.
- Production Systems revenue $3.10B (+31% YoY, +9% ex. Aker subsea); Digital & Integration pretax margin improved to 35.5%.