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SLB (SLB) Dips More Than Broader Market: What You Should Know

Zacks Investment Research·
SLB (SLB) Dips More Than Broader Market: What You Should Know

Schlumberger Limited (SLB) declined 3.15% to $49.87 in the latest session, underperforming the S&P 500. The stock has fallen 14.33% over the past month. Upcoming earnings are expected to show a 10.14% EPS decline year-over-year, though revenue is projected to grow 4.04%. The company holds a Zacks Rank #3 (Hold) rating and trades at a premium valuation with a Forward P/E of 20.64 versus the industry average of 16.14.

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