Core Laboratories NV expected to post earnings of 15cents a share - Earnings Preview

Core Laboratories

24/10/2022 22:31

* Core Laboratories NV  CLB.N   CLB  is expected to show a
rise in
quarterly revenue when it reports  results on October 26. 
    * The Amstelveen Noord-holland-based  company is expected to
report  a 6.6% increase in revenue to $125.818 million from
$117.99 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. The company's guidance on
July 27 2022, for the period ended September 30, was for revenue
between $123.00 million and $129.00 million.
    * ​Refinitiv's mean analyst estimate for Core Laboratories
NV is
for earnings of 15 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Core
Laboratories
NV is $20​, above​ its last closing price of $19.44. ​​​

The company's guidance on July 27 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD10.1 million and USD13.3 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 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​
 Sep. 30 2021  0.18        0.19       0.18      Missed  -3.8
 ​​Jun.        0.19        0.19       0.18      Missed  -6.2
 30 2021                                                
 Mar. 31 2021  0.12        0.13       0.15      Beat    15​
 Dec. 31 2020  0.15        0.15       0.18      Beat    16.5
 Sep. 30 2020  0.13        0.15       0.16      Beat    9.2
 This summary was machine generated October 24 at 21:31 GMT.  All
figures in US dollars  unless otherwise stated