Core Laboratories (CLB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Company Overview - Core Laboratories (CLB) is expected to report a year-over-year increase in earnings, with a consensus EPS estimate of $0.22 per share, reflecting a +4.8% change [7] - The upcoming earnings report is scheduled for July 24, 2024, and the stock may react positively if key numbers exceed expectations [6][5] Earnings Estimates and Revisions - The consensus EPS estimate for Core Laboratories has been revised 3.13% lower over the last 30 days, indicating a reassessment by analysts [1] - The Most Accurate Estimate for Core Laboratories is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.33%, suggesting a bearish outlook from analysts [21] Earnings Surprise History - In the last reported quarter, Core Laboratories had an expected EPS of $0.16 but delivered $0.19, resulting in a positive surprise of +18.75% [12] - Over the last four quarters, Core Laboratories has beaten consensus EPS estimates two times [13] Industry Context - In the Zacks Oil and Gas - Field Services industry, Halliburton (HAL) is expected to post earnings of $0.80 per share for the quarter ended June 2024, indicating a +3.9% year-over-year change [17] - Halliburton's revenue is projected to be $5.95 billion, up 2.6% from the previous year [17]