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Experts on Wall Street change their predictions for SLB before the company shares its Q3 earnings.

OpinionRead the original at Benzinga
Neutral

SLB's preview pairs an estimate for lower per-share profit with higher sales, while analysts cut and raise targets. Its previously announced customer deal adds a long business link, but no expected financial gain is given, leaving the outlook unchanged.

SLB · SLB N.V.

AI read · Neutral

The AI's read

The estimates point in different directions: expected profit per share is lower than last year, but expected sales are higher. Most listed analysts kept Buy or Overweight ratings, yet 3 cut their targets and 2 raised theirs. SLB's 15-year TotalEnergies agreement adds a long customer link, but the story gives no expected sales or profit from it. Together, these facts leave SLB's outlook unchanged.

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