SLB Beats Quarterly Profit Estimates on International Business Strength

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SLB Beats Quarterly Profit Estimates on International Business Strength

Reuters10-18

SLB beat analysts' estimates for third-quarter profit on Friday, as the oilfield services provider benefited from steady demand for its drilling equipment and technology in its international markets.

Excluding charges and credits, SLB posted a profit of 89 cents per share for the quarter ended September 30, compared to estimates of 88 cents, according to data compiled by LSEG.

SLB shares rose 1% in premarket trading.

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