| SLB |
Report |
Adjusted EPS (ex-items), Q2'26 |
MISS |
pred ~$0.42 vs. cons ~$0.45 |
MEDIUM |
| SLB |
Report |
Total Revenue, Q2'26 |
MISS |
pred ~$8.45B vs. cons ~$8.65B |
MEDIUM |
| SLB |
Report |
Adjusted EBITDA margin, Q2'26 |
MISS |
pred ~19.3% vs. cons ~20.2% |
MEDIUM |
| SLB |
Guide |
Q3'26 sequential recovery / implied EPS (Middle East cadence) |
LOWER |
guide ~$0.46-0.48 implied vs. cons ~$0.54 (Q3 2026) |
MEDIUM |
| SLB |
Guide |
FY2026 capital returns to shareholders |
UNCHANGED |
guide >$4.0B (incl. min $2.4B buyback) vs. cons ~$4.0B (FY2026) |
HIGH |
| SLB |
Guide |
Data Center Solutions exit run-rate |
UNCHANGED |
guide ~$1.0B exit run-rate vs. cons ~$1.0B (exit 2026) |
MEDIUM |
| SLB |
Guide |
Digital full-year adjusted EBITDA margin |
UNCHANGED |
guide >=35% vs. cons ~35% (FY2026) |
MEDIUM |
| SLB |
Guide |
FY2026 capital investment |
UNCHANGED |
guide ~$2.5B vs. cons ~$2.5B (FY2026) |
HIGH |
| SLB |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.5% |
— |
MEDIUM |
| SLB |
Return |
5-day cumulative residual |
-4.5% (FADE) |
Q2 tracked below the April 'mid-quarter easing' framework because the Middle East conflict re-escalated late in the quarter (crude >$100, stock already crushed from ~$58 to ~$47). A likely miss on EPS/revenue/margin plus a cautious, pushed-out Q3 recovery cadence forces analysts to cut out-period (Q3/H2) estimates even as management reaffirms capital returns and data-center/digital growth. Implicit downward revisions outweigh the bullish higher-oil sector narrative in the first week, so the initial drop grinds lower rather than reversing. |
LOW |