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Stock impact report

Core Laboratories to Post Q1 Earnings: Key Metrics to Watch [Yahoo! Finance]

Core Laboratories N.V. (CLB) 
Last core laboratories n.v. earnings: 4/22 05:05 pm Check Earnings Report
US:NYSE Investor Relations: corelab.com/investors
Company Research Source: Yahoo! Finance
The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 15 cents per share on revenues of $124.1 million. Let us delve into the factors that might have influenced CLB's performance in the to-be-reported quarter. Before that, it is worth taking a look at the company's performance in the last reported quarter. In the last reported quarter, the Houston, TX-based oil and gas equipment and services company's adjusted earnings missed the consensus mark. CLB reported adjusted earnings of 22 cents per share, which was a cent lower than the Zacks Consensus Estimate. This was attributed to poor performance from its Production Enhancement segment. Operating revenues of $129.2 million also missed the Zacks Consensus Estimate by 1.3%. CLB's earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, were in line in one quarter and missed the remaining one, delivering an average surprise of 4.79%. This is depicted in the graph below: Core Show less Read more
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