Published on 20 Oct 2023 on Zacks · via Yahoo Finance
Core Labs (CLB) Q1 Earnings & Sales Beat Estimates
Core Laboratories CLB reported first-quarter 2023 adjusted earnings of 19 cents per share, which beat the Zacks Consensus Estimate of 17 cents. The bottom line also improved from the year-ago quarter’s reported figure of 8 cents. This can be attributed to higher-than-expected revenues from Reservoir Description.
Core Labs’ adjusted revenues of $128.4 million beat the Zacks Consensus Estimate of $126 million by 1.9%. The top line also rose from the year-ago quarter’s recorded figure of $115.3 million. This can be attributed to the Reservoir Description segment’s impressive performance.
Core Laboratories N.V. Price, Consensus and EPS Surprise