Schlumberger slightly missed Q1 earnings expectations but raised its dividend and sees annual EPS of $3.38.

Schlumberger Limited's (SLB) Q1 earnings missed expectations by $0.01, with EPS of $0.72. The company announced a quarterly dividend of $0.285, payable on July 10th. Several financial firms updated their holdings and ratings on Schlumberger, with Copeland Capital and Hills Bank increasing their stakes. Analysts expect Schlumberger to post EPS of $3.38 for the year, with a consensus price target of $52.03. Schlumberger's stock has a market cap of $46.26 billion and a P/E ratio of 11.53.