Schlumberger Ltd. (SLB - Analyst Report) released its third-quarter earnings results, posting earnings of $0.25 per share and revenue of $7.019 billion. 

Currently, SLB has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Schlumberger:

Beat earnings estimates. The company posted earnings of $0.25 per share, beating our Zacks Consensus Estimate of $0.22.

Missed revenue estimates. The company saw revenue figures of $7.019, missing our estimate of $7.130 billion.  

Third-quarter revenue of $7.0 billion was down 2% sequentially with North America declining 2% and international down 2%.

“Our third-quarter revenue decreased 2% sequentially, driven largely by the expected reduction in activity at Cameron as the order backlog of products declined… Excluding Cameron, revenue increased 1% sequentially driven by higher activity in the North America and Middle East Areas as well as in the Australia and Russia GeoMarkets,” said Schlumberger CEO Paul Kibsgaard.

SLB was up 0.57%, to $83.46 as of 4:31 p.m. EST in after-hours trading shortly after its earnings report was released.

Here’s a graph that looks at Schlumberger’s latest earnings performance:

SCHLUMBERGER LT Price, Consensus and EPS Surprise

SCHLUMBERGER LT Price, Consensus and EPS Surprise | SCHLUMBERGER LT Quote

Schlumberger Limited is a global technology services company consisting of two business segments, Schlumberger Oilfield Services and SchlumbergerSema. Schlumberger Oilfield Services is the leading provider of exploration and production services, solutions and technology to the international petroleum industry. SchlumbergerSema is a leading information technology services company providing a unique combination of domain expertise and global capabilities delivered on a local basis.