Core Laboratories Inc expected to post earnings of 22  cents a share - Earnings Preview

Core Laboratories

31/10/2023 02:05

* Core Laboratories Inc  CLB.N   CLB  is expected to show a
rise
in quarterly revenue when it reports  results on November 1. 
    * The Houston Texas-based  company is expected to report  a
3.2% increase in revenue to $129.975 million from $125.97
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
July 26 2023, for the period ended September 30, was for revenue
between $128.00 million and $132.00 million.
    * ​Refinitiv's mean analyst estimate for Core Laboratories
Inc is
for earnings of 22 cents per share. The company's EPS guidance
on July 26 2023, for the period ended September 30, was between
$0.21 and $0.25 
    * 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 $21.5​, below​ its last closing price of $21.52. ​​​

The company's guidance on July 26 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD15.2 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  
 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. 30 2022  0.15        0.15       0.18      Beat    20.3
 ​​Jun.        0.12        0.14       0.12      Missed  -12
 30 2022                                                
 Mar. 31 2022  0.07        0.09       0.08      Missed  -11.6​
 Dec. 31 2021  0.20        0.20       0.20      Met     -0.4
 Sep. 30 2021  0.18        0.19       0.18      Missed  -3.8
 This summary was machine generated October 31 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated