Core Laboratories NV expected to post earnings of 16  cents a share - Earnings Preview

Core Laboratories

25/04/2023 03:32

* Core Laboratories NV  CLB.N   CLB  is expected to show a
rise in
quarterly revenue when it reports  results on April 26. 
    * The Amstelveen Noord-holland-based  company is expected to
report  a 9.5% increase in revenue to $126.308 million from
$115.3 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
February 1 2023, for the period ended March 31, was for revenue
between $125.00 million and $129.00 million.
    * ​Refinitiv's mean analyst estimate for Core Laboratories
NV is
for earnings of 16 cents per share. The company's EPS guidance
on February 1 2023, for the period ended March 31, was between
$0.14 and $0.19 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and 1 "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
NV is $21.75​, below​ its last closing price of $22.00. ​​​

The company's guidance on February 1 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD11.5 million and USD14.5 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  
 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. 30 2022  0.12        0.14       0.12      Missed  -12​
 Mar. 31 2022  0.07        0.09       0.08      Missed  -11.6
 ​​Dec.        0.20        0.20       0.20      Met     -0.4
 31 2021                                                
 Sep. 30 2021  0.18        0.19       0.18      Missed  -3.8​
 Jun. 30 2021  0.19        0.19       0.18      Missed  -6.2
 Mar. 31 2021  0.12        0.13       0.15      Beat    15
 This summary was machine generated April 25 at 02:32 GMT.  All
figures in US dollars  unless otherwise stated