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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
ๅ‚ๅŠ  March 2022
981 ใƒ•ใ‚ฉใƒญใƒผไธญ    205K ใƒ•ใ‚กใƒณ
$SLB Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $9.45B (Est. $9.3B) ๐ŸŸข; +2% pro forma ๐Ÿ”น Adj. EPS: $0.64 (Est. $0.62) ๐ŸŸข; -7% YoY ๐Ÿ”น Adj. EBITDA: $2.07B (Est. $2.03B) ๐ŸŸข FY26 Guide: ๐Ÿ”น Capital Investment: ~$2.5B Cash Flow: ๐Ÿ”น Operating Cash Flow: $1.51B ๐Ÿ”น Free Cash Flow: $828M Segment Revenue: ๐Ÿ”น Production Systems: $4.0B; +6% pro forma ๐Ÿ”น Well Construction: $2.89B; -3% YoY ๐Ÿ”น Reservoir Performance: $1.63B; -3% YoY ๐Ÿ”น Digital: $693M; +5% YoY ๐Ÿ”น All Other: $544M; +37% YoY Revenue by Geography: ๐Ÿ”น International: $6.99B; flat pro forma ๐Ÿ”น North America: $2.40B; +13% pro forma Announcements: ๐Ÿ”น Signed agreement to acquire Kelvion for ~$3.4B in cash and assume ~$0.7B of debt; expected to close in 1H27 Other Q3 Metrics: ๐Ÿ”น Adj. EBITDA Margin: 21.9%; -121 bps YoY ๐Ÿ”น Pretax Segment Op. Margin: 16.7%; -153 bps YoY ๐Ÿ”น GAAP EPS: $0.49; -2% YoY ๐Ÿ”น Net Income: $735M; -1% YoY ๐Ÿ”น Digital Division ARR: $1.04B; +13% YoY ๐Ÿ”น Data Center Solutions Revenue: $230M; +76% YoY Key Updates: ๐Ÿ”น Reported revenue +6% YoY; Q3'25 included two months of ChampionX ($579M revenue); pro forma rates assume ChampionX from January 1, 2025 ๐Ÿ”น Charges & credits: $242M pre-tax ๐Ÿ”น Pension settlement charge: $187M ๐Ÿ”น Merger and integration: $55M Capital Return: ๐Ÿ”น Share Repurchases: $656M (12.9M shares) Comments: ๐Ÿ”ธ โ€œSLB delivered solid third-quarter results with all regions growing sequentially โ€” led by a gradual recovery in the Middle East, growth in North America land and broadening international activity in deepwater offshore basins.โ€
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