Alert: New Earnings Report (1/17/25)-Schlumberger Ltd (NYSE: SLB).

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Schlumberger Ltd (NYSE: SLB) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.78 versus $0.78 for the same period a year ago — flat performance. E.P.S. were $3.14 for the latest four quarters through December 31 versus $2.95 for the same period a year ago — an increase of 6%.

Recent Price Action

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On 1/17/25, Schlumberger Ltd (NYSE: SLB) stock enjoyed a very large increase of 6.1%, closing at $43.58. Moreover, this advance was accompanied by exceptionally high trading volume at 260% of normal. Relative to the market the stock has been weak over the last nine months but has risen 12.3% during the last week.

Current PriceTarget Research Rating

Schlumberger has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Schlumberger has a neutral Appreciation Score of 60 but a poor Power Rating of 18, producing the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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