Schlumberger Limited Earnings Preview: Can This Streak Continue?

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Schlumberger Limited (NYSE:SLB) will report earnings before markets open on Friday, July 19th. Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.

Here is your Cheat Sheet to Schlumberger Limited Earnings:

Earnings Expectations: Analysts expect earnings of $1.11 per share on revenues of $11.12 billion. Currently, the company’s P/E ratio stands at 18.86.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.22 to a profit $1.21. For the current year, the average estimate is a profit of $4.66, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Schlumberger Limited has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 27,565 22,975 28,931 39,669 42,321
Diluted EPS ($) 4.45 2.59 3.38 3.67 4.10

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 10,448.00 10,608.00 11,174.00 10,668.00
Diluted EPS ($) 1.05 1.07 1.02 0.94

Past Performance:
Schlumberger Limited has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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