SLBearnings
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $0.64Beat
- vs $0.62 expected on Oct 23
- Stock move on it
- +7.08%
- one session
- Typical move
- ±9.0%
- average over 2 reports
- Price
- $50.94
- −0.04% today · $72.7B cap
Past and upcoming reports
2
| Oct 23, 2026 | Sep 30, 2026 | Time not given | $0.62 | Beat$0.64 | +7.08% |
| Jul 24, 2026 | Jun 30, 2026 | Time not given | $0.53 | Beat$0.55 | +11.01% |
After the report
Jul 24, 2026 report
This covers the Jul 24, 2026 report. The Oct 23, 2026 numbers are in the table above.
SLB beats Q2 EPS by 7.8%, digital revenue growth accelerates
SLB reported Q2 2026 EPS of $0.55, beating the $0.51 estimate by 7.8%. The stock fell 1.7% three days post-report, likely reflecting valuation concerns despite a positive digital pivot narrative. Management highlighted accelerating digital revenue and data center ramp as key growth drivers.
Reported against expected
BeatBeat: reported EPS $0.55 vs estimated $0.51, a 7.8% surprise.
Guidance
Positive: management emphasized accelerating digital revenue growth and data center ramp, implying continued momentum.
How the stock reacted
Stock down 1.7% to $51.53 three days after the report, despite the beat.
What changed
EPS beat by 7.8%, digital revenue growth accelerating.
What the price now assumes
Stock down 1.7% despite beat, pricing in valuation headwinds (P/E TTM 25x) and macro risks.
What it means for the business
Upgrade bias if digital momentum sustains. watch next quarter's digital revenue growth rate.
The next one to three months, as we saw it then
Better case35%
Digital revenue growth accelerates further, data center ramp drives upside, stock re-rates toward analyst target of $63.67.
Base case45%
Steady execution with digital growth offsetting flat international activity. stock trades in $50-$55 range.
Worse case20%
International activity softens or Middle East disruptions worsen, digital growth alone insufficient to sustain valuation. stock declines toward $45.
If you hold it
Hold unless next-quarter revenue misses guidance materially or customer concentration risk worsens.
If you are watching
Consider entry on pullback to $50 support if digital growth narrative remains intact. no-trade if digital revenue growth decelerates or international activity weakens.
Scenario odds are a judgement, not measured.