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Core Laboratories (CLB) Expected to Announce Earnings on Wednesday

Core Laboratories logo with Energy background

Core Laboratories (NYSE:CLB - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Core Laboratories to post earnings of $0.15 per share and revenue of $125.09 million for the quarter. Core Laboratories has set its Q1 2025 guidance at 0.120-0.160 EPS.Persons that are interested in registering for the company's earnings conference call can do so using this link.

Core Laboratories (NYSE:CLB - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The oil and gas company reported $0.23 earnings per share for the quarter, meeting analysts' consensus estimates of $0.23. Core Laboratories had a return on equity of 16.24% and a net margin of 5.99%. On average, analysts expect Core Laboratories to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Core Laboratories Price Performance

NYSE CLB traded up $0.26 during trading hours on Friday, reaching $12.58. The company's stock had a trading volume of 835,655 shares, compared to its average volume of 387,914. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.71 and a current ratio of 2.32. The stock has a market cap of $587.28 million, a PE ratio of 19.05, a PEG ratio of 0.99 and a beta of 1.99. The company's 50-day moving average is $14.53 and its two-hundred day moving average is $17.42. Core Laboratories has a fifty-two week low of $10.14 and a fifty-two week high of $25.13.

Core Laboratories Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 10th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.32%. Core Laboratories's dividend payout ratio (DPR) is 6.06%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Stifel Nicolaus dropped their price target on Core Laboratories from $19.00 to $15.00 and set a "hold" rating for the company in a research report on Tuesday, April 15th. Citigroup raised shares of Core Laboratories from a "sell" rating to a "neutral" rating and boosted their target price for the company from $15.00 to $16.00 in a research note on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $15.75.

Check Out Our Latest Stock Report on Core Laboratories

About Core Laboratories

(Get Free Report)

Core Laboratories Inc provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally. It operates through Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock and reservoir fluid samples to enhance production and improve recovery of crude oil and gas from its clients' reservoirs.

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Earnings History for Core Laboratories (NYSE:CLB)

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