Will Schlumberger Surprise With Its Quarterly Results?

The oilfield services giant will report its quarterly results before markets open on Friday.

Author:: Valerie Young
Publish date:: Jan 18, 2017 4:40 PM EST

Shares of Schlumberger (SLB) - Get Report are in focus as the oilfield services giant gets ready to released its quarterly results before the markets open on Friday. Analysts expect earnings of 27 cents a share on revenue of about $7 billion for its fiscal fourth quarter. BMO Capital Markets analyst Daniel Boyd says there is a chance for a seismic sales surprise in the Gulf of Mexico. Action Alerts PLUS Portfolio managers Jim Cramer and Jack Mohr say the company's "technological leadership, cost and cash discipline, industry expertise, free cash flow generation and pricing advantages will continue to support shares moving forward."

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