Core Laboratories Inc expected to post earnings of 20  cents a share - Earnings Preview

Core Laboratories

25/07/2023 03:02

* Core Laboratories Inc  CLB.N   CLB  is expected to show a
rise
in quarterly revenue when it reports  results on July 26. 
    * The Houston Texas-based  company is expected to report  a
8.7% increase in revenue to $131.46 million from $120.9 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on April 26
2023, for the period ended June 30, was for revenue between
$130.00 million and $135.00 million.
    * ​Refinitiv's mean analyst estimate for Core Laboratories
Inc is
for earnings of 20 cents per share. 
    * 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 $21​, below​ its last closing price of $24.68. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for Earnings before Interest and Taxes between
USD14.5 million and USD17.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.16        0.16       0.19      Beat    20.3
 Dec. 31 2023  0.19        0.20       0.20      Met     2.2
 Sep. 30 2022  0.15        0.15       0.18      Beat    20.3​
 Jun. 30 2022  0.12        0.14       0.12      Missed  -12
 ​​Mar.        0.07        0.09       0.08      Missed  -11.6
 31 2022                                                
 Dec. 31 2021  0.20        0.20       0.20      Met     -0.4​
 Sep. 30 2021  0.18        0.19       0.18      Missed  -3.8
 Jun. 30 2021  0.19        0.19       0.18      Missed  -6.2
 This summary was machine generated July 25 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated