Schlumberger, Arthur J. Gallagher, Invitation Homes And More On CNBC's 'Final Trades'

Author: Avi Kapoor | September 04, 2024 08:33am

On CNBC's “Halftime Report Final Trades,” Sarat Sethi of DCLA named Schlumberger Limited (NYSE:SLB) as his final trade.

On July 19, Schlumberger reported better-than-expected second-quarter results. The company said revenue increased 13% year-over-year to $9.139 billion, beating the consensus of $9.076 billion. Adjusted EPS increased 18% Y/Y to 85 cents, above the consensus of 83 cents.

Stephen L. Weiss of Short Hills Capital Partners picked U.S. 2 Year Treasury.

Don't forget to check out our premarket coverage here

Joseph M. Terranova of Virtus Investment Partners picked Arthur J. Gallagher & Co (NYSE:AJG), which hit a 52-week high on Tuesday.

On July 25, Arthur J. Gallagher reported quarterly earnings of $1.27 per share which missed the analyst consensus estimate of $1.53 per share. The company reported quarterly sales of $2.775 billion which beat the analyst consensus estimate of $2.762 billion.

Joshua Brown of Ritholtz Wealth Management said he likes Invitation Homes Inc. (NYSE:INVH), which has a 3% yield.

On July 24, Invitation Homes reported quarterly earnings of 47 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $653.45 million which missed the analyst consensus estimate of $654.70 million.

Price Action:

• SLB shares fell 3.9% to close at $42.29 during Tuesday's session.
• Arthur J. Gallagher shares gained 0.7% to settle at $294.49 on Tuesday.
• Invitation Homes shares rose 1.2% to close at $37.27.

Check This Out:

• Dow Tumbles Over 600 Points, Nasdaq Dips 3% Amid Plunge In Nvidia: Fear Index Remains In ‘Greed’ Zone

Image: Shutterstock

Posted In: AJG INVH SLB