SLB said it expects Q1 revenue to be lower than previously anticipated and will incur additional costs with an estimated impact of approximately '6-9' (article text truncated, unit not specified). The company is closely monitoring the Middle East situation and adapting operations. The guidance hit and incremental costs are a modestly negative near-term development that could move the stock by a few percent.
SLB said it expects Q1 revenue to be lower than previously anticipated and will incur additional costs with an estimated impact of approximately '6-9' (article text truncated, unit not specified). The company is closely monitoring the Middle East situation and adapting operations. The guidance hit and incremental costs are a modestly negative near-term development that could move the stock by a few percent.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30
Ticker Sentiment
