HOUSTON ( TheStreet) -- Schlumberger ( SLB), the oilfield services company, reported fourth-quarter adjusted earnings of $1.16 billion, or 85 cents a share, numbers that came in above analysts' estimates and year-earlier results.

Fourth-quarter revenue rose to $9.07 billion from $5.74 billion a year earlier.

Analysts surveyed by Thomson Reuters expected earnings of 77 cents a share on revenue of $8.7 billion.

Net income in the fourth quarter was $1.04 billion, or 76 cents a share, vs. $795 million, or 65 cents, a year earlier.

Oilfield services revenue in the fourth quarter was $6.01 billion, an increase of 16% from the fourth quarter of 2009.

-- Written by Joseph Woelfel

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