Core Laboratories Inc expected to post earnings of 19 cents a share - Earnings Preview

Core Laboratories

29/01/2024 21:19

* Core Laboratories Inc  CLB.N   CLB  is expected to show a
rise
in quarterly revenue when it reports  results on January 31 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
0.2% increase in revenue to $127.77 million from $127.57 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.The company's guidance on November 2 2023,
for the period ended December 31, was for revenue between
$125.00 million and $132.00 million.
    * ​LSEG's mean analyst estimate for Core Laboratories Inc is
for
earnings of 19 cents per share. The company's EPS guidance on
November 2 2023, for the period ended December 31, was between
$0.17 and $0.23 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Core
Laboratories
Inc is $19.50​, above​ its last closing price of $16.82. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD13.8 million and USD17.3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.22        0.22       0.22      Met     -0.1
 Jun. 30 2023  0.20        0.20       0.21      Beat    5.3
 Mar. 31 2023  0.16        0.16       0.19      Beat    20.3​
 Dec. 31 2022  0.19        0.20       0.20      Met     2.2
 ​​Sep.        0.15        0.15       0.18      Beat    20.3
 30 2022                                                
 Jun. 30 2022  0.12        0.14       0.12      Missed  -12​
 Mar. 31 2022  0.07        0.09       0.08      Missed  -11.6
 Dec. 31 2021  0.20        0.20       0.20      Met     -0.4
 This summary was machine generated January 29 at 21:19 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)