Text size Schlumberger’s revenue is down from two years ago, but margins are rising. Bertrand Guay/AFP via Getty Images A particularly strong quarter for oil-and-gas companies means the bar is higher for companies reporting earnings. Schlumberger appears to have leapt the hurdle with room to spare. The largest oil-services company in the world posed a surprise beat and raise quarterly result, according to Coker Palmer analyst Vaibhav Vaishnav. Technically, all earnings beats are surprises, but this one was impressive enough to move the stock. Profits exceeded forecasts by a bigger percentage than at either Halliburton (HAL) or Baker Hughes (BKR), which reported earlier in the week, Vaishnav noted. Schlumberger (SLB) opened … Read the full article at: https://www.barrons.com/articles/schlumberger-earnings-revenue-margins-stock-51627054276 Category: RestructuringBy Insolvency GuardianJuly 23, 2021Post navigationPreviousPrevious post:Key Considerations for Officers and Directors of Distressed Companies – JD SupraNextNext post:Finding suitable mortgage lenders for discharged bankrupts – RateCityRelated PostsReal estate businesses seek restructuring of overdue, coming due bonds – Viet Nam NewsJuly 17, 2024SK Ecoplant to merge tech unit for group restructuring – Korea Economic DailyJuly 16, 2024Revenue negotiations on warehouse debt cited as reason for decline in small company restructurings, study says – The Irish TimesJuly 16, 2024Over 200 jobs saved so far this year through small business restructuring process – Irish ExaminerJuly 15, 2024Atos secures funding for rescue plan, lives to fight another day – The RegisterJuly 15, 2024McGrathNicol celebrates twenty years in business recovery – Consultancy.com.auJuly 13, 2024
Revenue negotiations on warehouse debt cited as reason for decline in small company restructurings, study says – The Irish TimesJuly 16, 2024
Over 200 jobs saved so far this year through small business restructuring process – Irish ExaminerJuly 15, 2024
