Core Laboratories (CLB) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - Core Laboratories (CLB) is expected to report a year-over-year increase in earnings due to higher revenues for the quarter ended December 2024, with earnings projected at $0.23 per share, reflecting a +21.1$130.9 million, which is a 2.1% increase from the same quarter last year [3] Earnings Report Expectations - The earnings report is scheduled for release on January 29, 2025, and could influence the stock price significantly depending on whether the results meet or exceed expectations [2] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that Core Laboratories has an Earnings ESP of 0%, as the Most Accurate Estimate matches the Zacks Consensus Estimate, suggesting no recent changes in analyst views [10] - The company currently holds a Zacks Rank of 4 (Sell), which complicates the prediction of an earnings beat [11] Historical Performance - In the last reported quarter, Core Laboratories met the expected earnings of $0.25 per share, resulting in no surprise [12] - Over the past four quarters, the company has surpassed consensus EPS estimates twice [13] Industry Context - In the broader Oil and Gas - Field Services industry, Liberty Oilfield Services (LBRT) is expected to report earnings of$0.10 per share, indicating a significant year-over-year decline of -81.5% [17] - Liberty Oilfield Services has seen a 23.7% downward revision in its EPS estimate over the last 30 days, and it also has an Earnings ESP of 0.00% combined with a Zacks Rank of 5 (Strong Sell) [18]