Schlumberger Announced Q4 EPS $.85 vs. $.78

Schlumberger Limited SLB today reported full-year 2010 revenue of $27.45 billion versus $22.70 billion in 2009. Full-year 2010 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $3.60 billion, representing diluted earnings-per-share of $2.86 versus $2.78 in 2009. Fourth-quarter 2010 revenue was $9.07 billion versus $6.85 billion in the third quarter of 2010, and $5.74 billion in the fourth quarter of 2009. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.16 billion—an increase of 33% sequentially and 42% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges and credits, was $0.85 versus $0.70 in the previous quarter, and $0.67 in the fourth quarter of 2009.