Core Laboratories (NYSE:CLB) Updates Q1 2025 Earnings Guidance

Core Laboratories (NYSE:CLB) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.120-0.160 for the period, compared to the consensus EPS estimate of 0.210. The company issued revenue guidance of $121.0 million-$127.0 million, compared to the consensus revenue estimate of $131.7 million.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CLB. Citigroup lowered their target price on shares of Core Laboratories from $15.00 to $14.00 and set a “sell” rating for the company in a report on Thursday, October 31st. StockNews.com upgraded shares of Core Laboratories from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, Core Laboratories has a consensus rating of “Hold” and a consensus target price of $17.00.

Core Laboratories Price Performance

Shares of NYSE:CLB opened at $17.75 on Friday. Core Laboratories has a fifty-two week low of $13.82 and a fifty-two week high of $25.13. The company’s 50-day moving average is $18.94 and its 200 day moving average is $19.48. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.79 and a current ratio of 2.48. The company has a market capitalization of $833.36 million, a P/E ratio of 26.89, a price-to-earnings-growth ratio of 1.09 and a beta of 2.39.

Core Laboratories (NYSE:CLB) last released its 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 net margin of 5.99% and a return on equity of 16.43%. On average, equities research analysts forecast that Core Laboratories will post 0.96 earnings per share for the current year.

Core Laboratories Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 10th will be paid a $0.01 dividend. The ex-dividend date is Monday, February 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.23%. Core Laboratories’s payout ratio is presently 6.06%.

Core Laboratories Company Profile

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.