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Stock impact report

Core Laboratories (CLB) Down 0.4% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]

Core Laboratories Inc. (CLB) 
Last core laboratories inc. earnings: 4/22 05:05 pm Check Earnings Report
US:NYSE Investor Relations: corelab.com/investors
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Core Laboratories due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Core Laboratories Q4 Earnings Miss Estimates, Sales In Line Core Laboratories reported fourth-quarter 2023 adjusted earnings of 19 cents per share, which missed the Zacks Consensus Estimate of 20 cents. The bottom line was also lower than the year-ago quarter's reported figure of 20 cents. This could be attributed to poor performance in the Production Enhancement segment. However, this oilfield service provider's operating revenues of $128 million were in line with the Zacks Consensus Estimate. The top line increased 0.3% from the year-ago quarter's level of $127.6 million. This can be attributed to the Reservoir Description segment's impressive performance. Core Labo Show less Read more
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