Schlumberger — The oilfield services stock dropped 2.9% after third-quarter revenue missed Wall Street expectations. Schlumberger reported $8.31 billion in revenue for the quarter, below the consensus estimate of $8.33 billion from analysts polled by LSEG, formerly known as Refinitiv. Also, Schlumberger reported 78 cents in earnings per share, beating the analyst forecast by 1 cent.
American Express — Shares slid 5.4% despite American Express reporting an earnings and revenue beat before the bell. Third-quarter earnings per share was $3.30, versus the $2.94 per share anticipated from analysts polled by LSEG. Revenue came in at $15.38 billion, versus the $15.36 billion expected. However, the company also increased its provisions for credit losses to $1.23 billion, a 58% increase from last year.
