SLB’s quarterly profit beats on international business strength

(Reuters) – SLB beat analysts’ estimates for fourth-quarter profit on Friday as the oilfield services provider benefited from higher demand for its drilling equipment and technology in North America and international markets.

Excluding charges and credits, SLB posted a profit of 92 cents per share for the quarter, compared with the average analyst estimate of 90 cents, according to data compiled by LSEG.

(Reporting by Seher Dareen in Bengaluru; Editing by Shounak Dasgupta)

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