These Return Metrics Don't Make Core Laboratories (NYSE:CLB) Look Too Strong [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
Typically, we'll see the trend of both return on capital employed (ROCE) declining and this usually coincides with a decreasing amount of capital employed. This combination can tell you that not only is the company investing less, it's earning less on what it does invest. On that note, looking into Core Laboratories NYSE:CLB ), we weren't too upbeat about how things were going. What Is Return On Capital Employed (ROCE)? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for Core Laboratories, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$59m ÷ (US$588m - US$85m) (Based on the trailing twelve months to March 2024) So, Core Laboratories has an ROCE of 12%. By itself that's a normal return on capital and it's in line with the industry's average returns of 12%. See our lat
Show less
Read more
Impact Snapshot
Event Time:
CLB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CLB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CLB alerts
High impacting Core Laboratories Inc. news events
Weekly update
A roundup of the hottest topics
CLB
News
- Core Laboratories N.V. (NYSE:CLB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 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 Laboratories (CLB) Q1 Earnings and Sales Beat Estimates [Yahoo! Finance]Yahoo! Finance
- 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
Analyst Actions
- 4/26/24 - Stifel
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