Core Lab Reports First Quarter 2020 Results From Continuing Operations:

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Core Laboratories (CLB) Misses Q1 EPS by 4c

April 22, 2020 5:07 PM EDT

Core Laboratories (NYSE: CLB) reported Q1 EPS of $0.31, $0.04 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $152.4 million versus the consensus estimate of $152.92 million.

Industry and Core Lab Outlook

On 12 April 2020, the Organization of the Petroleum Exporting Countries and non-members ("OPEC+") announced an initial reduction of crude-oil production of 9.7 million... More