Schlumberger reports q3 eps excluding charges of $0.43

Reg-schlumberger limited schlumberger announces third-quarter 2019 results.qtrly gaap loss per share, including charges of $8.65 per share, was $8.22.qtrly north america revenue of $2.8 billion increased 2% sequentially.qtrly eps, excluding charges, was $0.43.qtrly board approved a quarterly cash dividend of $0.50 per share.sustained international activity in quarter drove overall growth despite mixed results in north america.says as we enter q4, international activity will be affected by usual winter slowdown, particularly in northern hemisphere.q3 results reflect a $12.7 billion pretax charge driven by market conditions.qtrly pretax operating margin of 12.8% versus 13.5%.recorded a $12.7 billion pretax charge primarily relating to impairment of goodwill, intangible assets, and fixed assets.quarter's results reflected a macro environment of slowing production growth rate in north america land.qtrly worldwide revenue of $8.5 billion increased 3% sequentially.schlumberger says market uncertainty is weighing on future oil demand outlook in climate where trade concerns are seen as challenging economic growth.capex (excluding multiclient and spm investments) for fy 2019 expected to be about $1.6 billion to $1.7 billion.sequential q3 international growth was led by europe/cis/africa area, where revenue increased 9% sequentially.land revenue in quarter was slightly higher, as modest increase in onestim activity was offset by softer pricing.
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