Core Laboratories (CLB) Q1 Earnings and Sales Beat Estimates [Yahoo! Finance]
Core Laboratories Inc. (CLB)
Last core laboratories inc. earnings: 4/22 05:05 pm
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Source: Yahoo! Finance
This can be attributed to better-than-expected performance from the Reservoir Description segment. The bottom line was in line with the year-ago quarter's reported figure. However, this oilfield service provider's operating revenues of $129.6 million beat the Zacks Consensus Estimate of $124 million by 4.5%. The top line increased 0.9% from the year-ago quarter's level of $128.4 million. This can be attributed to the Reservoir Description segment's impressive performance. Core Laboratories Inc. Price, Consensus and EPS Surprise Core Laboratories Inc. price-consensus-eps-surprise-chart | Core Laboratories Inc. Quote Segmental Performance Reservoir Description: Revenues in this segment increased about 5% to $84.2 million from $80.2 million in the first quarter of 2023. The top line also beat our projection of $81.8 million. Operating income increased from $2.5 million in the year-ago period to $6.9 million. This was due to increased demand for reservoir rock and fluid analysis
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News
- Core Laboratories N.V. (NYSE:CLB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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- Core Laboratories Inc. (NYSE: CLB) had its price target raised by analysts at Stifel Nicolaus from $17.00 to $18.00. They now have a "hold" rating on the stock.MarketBeat
- CORE LAB REPORTS FIRST QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- CORE LAB REPORTS FIRST QUARTER 2024 RESULTSPR Newswire
CLB
Earnings
- 4/24/24 - Beat
CLB
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 4/11/24 - Form 4
- CLB's page on the SEC website