What surprises could SLB's next earnings report hold?

**Schlumberger's (SLB) next earnings report is likely to show a decline in earnings and revenue compared to the same quarter last year.** Here's a detailed analysis: 1. **Expected Decrease in Earnings**: Schlumberger's earnings per share (EPS) for the upcoming quarter are projected to be $0.74, which represents a 1.33% decrease from the $0.75 reported in the same quarter of the previous year. 2. **Expected Decrease in Revenue**: The estimated revenue for the quarter is $8.62 billion, indicating a 0.96% decrease compared to the $8.71 billion recorded in the corresponding quarter of the previous year. 3. **No Positive Surprises Expected**: Given the projected figures, it seems unlikely that Schlumberger's next earnings report will contain any positive surprises. The company is expected to report earnings that are lower than the previous year's, which is a decline that could be perceived as a negative sign by investors. 4. **Market Performance and Analyst Expectations**: Schlumberger's stock has lagged the market, and the company's performance is expected to be below the previous year's levels. This suggests that analysts do not expect any significant positive surprises in the earnings report. 5. **Lack of Recent Positive Changes**: There have been no recent positive changes to Schlumberger's earnings estimates that would suggest a potential upside in the upcoming report. In conclusion, Schlumberger's next earnings report is not expected to hold any surprises, and the company's performance is likely to be below the previous year's levels. The expected decline in earnings and revenue, along with the lack of recent positive changes, indicates that the report is unlikely to contain any positive surprises for investors.