CLB / Earnings Preview: Core Laboratories (CLB) Q1 Earnings Expected to Decline

Core Laboratories (CLB) anticipates revenues in the range of $125-$132 million and operating income in the band of $13.8-$17.3 million for the fourth more_horizontal

Although the revenue and EPS for Core Laboratories (CLB) give a sense of how its business performed in the quarter ended September 2023, it might be w more_horizontal

Crude price is now in its glorious days, calling for investment in energy companies like Matador Resources (MTDR), Pioneer Natural (PXD) and Core Labo more_horizontal

Crude price is now in its glorious days, calling for investment in oilfield service companies like Core Laboratories (CLB), Solaris Oilfield (SOI) and more_horizontal

The decisions of Saudi Arabia & Russia to voluntarily extend oil cuts until the year-end are aiding the crude rally. Solaris (SOI), Core Lab (CLB) and more_horizontal

With the expectations that crude prices will remain solid, demand for oilfield services will stay strong, making the outlook for the Zacks Oil & Gas- more_horizontal

Core Laboratories (CLB) anticipates revenues and operating income in the range of $128-$132 million and $15.2-$17.5 million, respectively, with earnin more_horizontal

The headline numbers for Core Laboratories (CLB) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile more_horizontal