From the AP via Yahoo:
Schlumberger's 1st-quarter income is expected to rise, but could still miss analyst estimates
Oilfield service provider Schlumberger Ltd. reports its first-quarter earnings Friday. The following is a summary of key developments and analyst opinion related to the period.
OVERVIEW: Schlumberger, which once again kicks off the earnings season for the oilfield service sector, has been delivering a steady stream of profit growth in recent quarters as oil prices have risen and global demand for advanced oil production technology has grown.
However, the Houston-based company disappointed investors its fourth-quarter profit failed to live up to Wall Street expectations because of weakness at the company's North American business....