Core Laboratories N.V. (NYSE:CLB) is expected to report second quarter earnings results, after market close, on Wednesday 22nd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.10 per share.
Looking ahead, the full year income are expected at $ 0.67 per share on the revenues of $ 497.26 million.
Previous Quarter Performance
Core Laboratories N.V. announced income for the first quarter of $ 0.31 per share, from the revenue of $ 152.40 million. The quarterly earnings reduced 29.55 percent while revenues decreased 9.92 percent compared with the same quarter last year.
Street analysts expected Core Laboratories N.V. to report income of $ 0.35 per share on revenue of $ 152.92 million for the first quarter. The bottom line results missed street analysts by $ 0.04 or 11.43 percent, at the same time, top line results fell short of analysts by $ 0.52 million or 0.34 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CLB was $ 22.32, representing a 234.13 % increase from the 52 week low of $ 6.68 and a 59.79 % decrease over the 52 week high of $ 55.51.
The company has a market capital of $ 992.27 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
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Recent Analyst recommendations
On 8th July 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 24.00 target price.
Recent Stock Dividend Announcement
On April 28, 2020, the board of directors authorized quarterly dividend of $ 0.25 per share to holders of record as of the close of business on May 8, 2020, with payment date of May 19, 2020 and ex-dividend date on May 7, 2020.
Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. The company operates in two segments, Reservoir Description and Production Enhancement segments.
