Schlumberger (SLB) is the flagship oilfield-services earnings name — typically modest headline moves with a surprisingly high beat rate versus the implied band. Below is its earnings behaviour based on the last 16 reports (roughly the past 10 years), as of July 14, 2026.
SLB earnings at a glance
SLB’s decade-long average earnings move is about ±5.6%, with the last two years near ±5.6% — a stable regime. The 95th-percentile tail is about ±9.6%; January 2025 peaked near +8.3% against a much lower implied move.
Does SLB beat its implied move?
The implied move is what the options market prices in before the report. SLB’s actual move has topped the implied move in about 82% of recent reports (14 of 17) — one of the higher beat rates among large-cap energy names.
history
How SLB’s moves are distributed
The distribution is tight with occasional spikes: four in five SLB earnings moves stay under ±5.4%, but oil-price or guidance shocks can push peaks toward ±9.3%.
Recent SLB earnings
October 2022 peaked near +10.6% against ~±3.3% implied — a classic beat. April 2026 landed near +3.9% vs ~±3.9% implied — inside the band. Energy services can look sleepy on averages and still clear a wide implied move.
IV rush and IV crush on SLB
Implied volatility builds into the report (the IV rush) and collapses afterward (the IV crush). With a ~82% beat rate, SLB’s history tilts toward the actual move clearing what options priced — but when the live implied is already rich vs history, the crush-vs-move math still matters.
What SLB’s earnings data means for options
These figures are a reference point, not a signal. SLB clears its implied move in roughly three of every four reports (~75%). Compare the live implied move in the EarningsWatcher app — SLB has an earnings simulator.
- According to EarningsWatcher data, options price a ±7.1% move for SLB's October 23, 2026 earnings report (as of October 10, 2026).
- SLB has averaged a ±4.8% earnings-day move across its last 40 reports (10-year history, per EarningsWatcher).
- SLB's actual earnings move exceeded the options-implied move in 76% of those reports.
Frequently asked questions
When is SLB earnings date in July 2026?
Schlumberger reported Q2 2026 results on Friday, July 24, 2026, before the market open (BMO).
What is SLB's implied move for earnings July 24, 2026?
Options priced a plus or minus 3.0% move into the July 24, 2026 report — below the plus or minus 4.6% decade average. The stock then moved up 11.4% at its intraday peak and finished up 11.0% at the close.
How much does SLB move on earnings?
Over its last 16 earnings reports (as of July 2026), SLB's average earnings-day peak move was about plus or minus 4.6%, with a median near plus or minus 4.0%. The 95th-percentile move is about plus or minus 9.3%.
Does SLB usually beat its implied move?
More often than not. SLB's actual move has topped its options-implied move in about 82% of recent reports (roughly 14 of 17). See the full history in the EarningsWatcher app.