At an investor conference the company said it expects EPS to increase at a compound annual growth rate of 17% to 20%. Earlier in the day RBC Capital analyst Kurt Hallead wrote that the Street expected annual EPS growth of 15%.
Schlumberger said it can achieve $9 to $10 EPS through revenue growth, margin expansion, and share repurchases. Hallead predicted the company's EPS would reach $8 by 2016.
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TheStreet Ratings team rates SCHLUMBERGER LTD as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate SCHLUMBERGER LTD (SLB) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins."
Highlights from the analysis by TheStreet Ratings Team goes as follows: