Kinder Morgan ($KMI) reported Q4 23 earnings with an adjusted EPS of $0.52, exceeding the expected $0.30. The revenue was $4.04B, below the expected $4.44B. They also raised their 2024 financial guidance to include an acquisition. Schlumberger ($SLB) announced Q4 23 earnings, beating estimates with an adjusted EPS of $0.86, higher than the estimated $0.84. The revenue was $8.99B, surpassing the estimated $8.94B, and they raised their quarterly dividend by 10%. Travelers ($TRV) also released their Q4 23 earnings, with a core EPS of $7.01, exceeding the estimated $5.08. Their revenue was $10.93B, slightly lower than the estimated $10.95B. State Street ($STT) reported Q4 23 earnings, with an adjusted EPS of $2.04, higher than the estimated $1.84, and a revenue of $3.04B, surpassing the estimated $2.95B. Their assets under management (AUM) increased to $4.13T, exceeding the estimated $3.80T, and they had a net inflow of $103B, surpassing the estimated +$13.42B.
Oilfield firm SLB tops profit views on international demand #oott https://t.co/CjxqK2T86v
SLB beats on fourth-quarter profit on strong international demand https://t.co/WQ7bumJqU7 https://t.co/GYcLrSLVHV
SLB beats on fourth-quarter profit on strong international demand #oott https://t.co/CjxqK2T86v
Insurer Travelers profit jumps on underwriting, investment gains https://t.co/lOou98ydSY https://t.co/InmyWt1LM0
Travelers Stock Pops. Insurer Tops Earnings Estimates on Lower Catastrophe Losses. https://t.co/CIlhlo29hF
$STT | State Street Q4 23 Earnings: - Adj EPS $2.04 (est $1.84) - Rev $3.04B (est $2.95B) - AUM $4.13T (est $3.80T) - Net Interest Income $678M (est $587.6M) - Net Flows +$103B (est +$13.42B)
SLB Tops Earnings Estimates and Boosts Dividend. International Growth Is Strong. https://t.co/LaEO95ZAOB
SLB Announces Fourth-Quarter and Full-Year 2023 Results and Raises Quarterly Dividend by 10% #oott https://t.co/pn6H8I5bje
SLB kicks off oilfield services earnings with fourth-quarter profit beat #oott https://t.co/itPqe5CPQ2
$TRV | Travelers Q4 23 Earnings: - Core EPS $7.01 (est $5.08) - Rev $10.93B (est $10.95B) - Net Premiums Written $9.99 (est $9.93B)
$SLB | Schlumberger Q4 23 Earnings: - Adj EPS $0.86 (est $0.84) - Rev $8.99B (est $8.94B) - Adj EBITDA $2.28B (est $2.23B) - Capex $594M (est $548.6M) - Well Construction Rev $3.43B (est $3.46B)
$KMI | Kinder Morgan Q4 23 Earnings: - Adj EPS: $0.52 (exp $0.30) - Revenue: $4.04B (exp $4.44B) - Adj EBITDA: $1.93B (exp $1.99B) - Raises 2024 Financial Guidance To Include Acquisition