Core Laboratories N.V. (CLB)
NYSE:CLB
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.19Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call mixed clear operational and technological strengths (notable product wins, digital data progress, continued shareholder returns and a constructive multi‑year market outlook) with acute near-term headwinds. Q1 showed meaningful sequential revenue declines, sharp margin compression and steep earnings deterioration driven by the Middle East conflict, Russia/Ukraine disruptions, severe weather and higher costs—offset only partially by product/diagnostic demand in select regions and ongoing capital returns. Management expects modest sequential improvement in Q2 but the near-term outlook is still clouded by geopolitical and operational uncertainty.Company Guidance
Revenue and Seasonal Context
Q1 revenue was $121.8M, down 12% sequentially and down 1% year-over-year; management notes typical seasonal Q4→Q1 decline but emphasizes underlying demand pockets (e.g., Gulf of Mexico diagnostics) that partially offset softer regions.
Technology Wins and Customer Deployments
Successful deployments of proprietary technologies: GTX solution reduced water cut from 99% to 40% leading to an immediate 10-well campaign; FLOWPROFILER diagnostic in the Permian demonstrated stage-level oil contributions and is planned for 5 additional wells—demonstrating product-market traction.
Digital Data Strategy Progress
Delivered key reservoir datasets via Core’s proprietary rapid platform to standardize and digitize lab/reservoir data—improving turnaround, integration into client workflows and providing foundation for AI initiatives.
Shareholder Returns and Capital Allocation
Continued returning capital: repurchased >51,000 shares for ~$900,000 (sixth consecutive quarter of buybacks) while maintaining the quarterly dividend and indicating opportunistic future repurchases using free cash flow.
Forward Guidance and Modest Sequential Improvement Expected
Q2 guidance projects company revenue of $123M–$131M, operating income of $6.4M–$10.2M (~7% operating margin) and EPS of $0.06–$0.12, signaling expected modest sequential operational improvement.
Balance Sheet / Liquidity Maintenance
Net debt of $94.2M (long-term debt $117M less cash $22.8M) with leverage ~1.2x; free cash flow generation (Q1 FCF ~$0.5M) and FY26 CapEx guidance of $15M–$18M (ex-U.K. rebuild) reflect continued capital discipline and liquidity management.
Positive Long-Term Market Thesis
Management cites supportive industry fundamentals—IEA/EIA/OPEC forecast 2026 crude demand growth of ~0.6–1.4M bpd and accelerating field decline rates—supporting multiyear demand for Core’s reservoir and production enhancement technologies.
CLB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CLB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $17.30 | $14.65 | -15.32% |
Feb 04, 2026 | $19.60 | $18.77 | -4.23% |
Oct 22, 2025 | $12.75 | $16.43 | +28.82% |
Jul 23, 2025 | $12.59 | $13.33 | +5.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Core Laboratories N.V. (CLB) report earnings?
Core Laboratories N.V. (CLB) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Core Laboratories N.V. (CLB) earnings time?
Core Laboratories N.V. (CLB) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLB EPS forecast?
CLB EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.