How volatile has SLB's earnings growth been?

Schlumberger's earnings growth has been volatile as evidenced by the fluctuations in net income and revenue growth rates over the past year.

1. **Net Income Growth**: Schlumberger's net income experienced a decline of 2.7% year-over-year, with the net income for Q4 2024 being $1.12 billion. This decrease in net income contributes to the volatility in earnings growth.

|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|market_code|
|---|---|---|---|---|---|---|
|SLB|SLB.N|Schlumberger|2024 Q1|16.3135593220339|12.551706308169596|169|
|SLB|SLB.N|Schlumberger|2024 Q2|9.36007640878701|12.841091492776885|169|
|SLB|SLB.N|Schlumberger|2024 Q3|7.21830985915493|10.216606498194945|169|
|SLB|SLB.N|Schlumberger|2024 Q4|-2.6979982593559617|3.270300333704116|169|

2. **Revenue Growth**: The total revenue for Schlumberger grew by 3.27% year-over-year, reaching $9.28 billion in Q4 2024. Despite the positive growth in revenue, the overall volatility in earnings is highlighted by the fact that revenue growth has not fully offset the decline in net income.
3. **Market Reaction**: The market's reaction to Schlumberger's earnings report reflects the volatility in earnings growth. Following the announcement, Schlumberger's stock price rose by 7.65%, indicating investor confidence in the company's strategic initiatives and financial performance. However, the stock's performance has also been mixed, with periods of decline and underperformance compared to the market.
4. **Analyst Expectations**: Analysts have projected a slight decrease in earnings per share (EPS) for Schlumberger, with an anticipated EPS of $0.74 for the upcoming quarter, representing a 1.33% decrease from the same quarter last year. This suggests that while Schlumberger has had periods of strong performance, there is a potential for volatility in earnings going forward.

In conclusion, Schlumberger's earnings growth has been volatile, with a recent decline in net income contrasting with a positive revenue growth. This volatility is reflected in the company's stock performance and is a key aspect for investors to consider when assessing Schlumberger's financial health and future prospects.