SLB Reports First-Quarter 2025 Earnings, Missing EPS and Revenue Expectations

SLB (NYSE: SLB) has released its first-quarter 2025 financial results, revealing a mixed bag of performance metrics. This article delves into the company’s current quarter’s performance compared to expectations and provides insights into its future guidance.

SLB Reports Tough Start to 2025 with Q1 Results

SLB’s first-quarter 2025 results reveal a challenging start to the year. The company reported a revenue of $8.49 billion, which is a 3% decrease year-over-year and falls short of the expected $8.64 billion. This decline was attributed to several factors, including a slowdown in certain geographical regions and market dynamics that were less favorable than anticipated.

The GAAP earnings per share (EPS) came in at $0.58, which is a 22% decrease from the previous year. However, when excluding charges and credits, the adjusted EPS was $0.72, showing a smaller decline of 4% year-over-year, but still below the expected EPS of $0.74.

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SLB Approves Quarterly Cash Dividend at $0.285 per Share

The company’s net income attributable to SLB was $797 million, a 25% decrease from the same period last year. Adjusted EBITDA stood at $2.02 billion, representing a 2% decrease year-over-year. Despite these declines, SLB managed to increase its cash flow from operations to $660 million, a significant improvement from the previous year.

The quarterly cash dividend was approved at $0.285 per share, reflecting the company’s commitment to returning value to its shareholders.

Disclaimer: The author does not hold or have a position in any securities discussed in the article. All stock prices were quoted at the time of writing.