Core Laboratories: Q2 Earnings Insights

Core Laboratories: Q2 Earnings Insights

Core Laboratories CLB reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Core Laboratories missed estimated earnings by 7.69%, reporting an EPS of $0.12 versus an estimate of $0.13.

Revenue was up $2.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.38% drop in the share price the next day.

Here's a look at Core Laboratories's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.06 0.18 0.16 0.19
EPS Actual 0.08 0.20 0.18 0.17
Revenue Estimate 106.84M 107.48M 105.53M 119.28M
Revenue Actual 115.30M 125.14M 117.98M 118.75M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.06 0.18 0.16 0.19
EPS Actual 0.08 0.20 0.18 0.17
Revenue Estimate 106.84M 107.48M 105.53M 119.28M
Revenue Actual 115.30M 125.14M 117.98M 118.75M

To track all earnings releases for Core Laboratories visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings