Shares of Schlumberger Ltd. rose 0.4% late Thursday after the oil-field services company reported third-quarter profit above expectations but sales that came in a hair below estimates. Schlumberger said it earned $176 million, or 13 cents a share, in the quarter, reversing a loss of $1.56 a share in the third quarter of 2015. Adjusted for one-time items, including charges related to its 2016 merger with Cameron International Corp., Schlumberger earned $353 million, or 25 cents a share, compared with $316 million, or 23 cents a share, a year ago. Sales fell 2% to $7.02 billion, from $7.16 billion in the year-ago period, the company said. Analysts polled by FactSet had expected the company to report adjusted earnings of 22 cents a share on sales of $7.09 billion.
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