What Does Wall Street See for Core Laboratories's Q4?

Core Laboratories (NYSE: CLB  ) is expected to report Q4 earnings on Jan. 30. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Core Laboratories's revenues will grow 1.0% and EPS will grow 3.7%.

The average estimate for revenue is $246.3 million. On the bottom line, the average EPS estimate is $1.13.

Revenue details
Last quarter, Core Laboratories reported revenue of $245.4 million. GAAP reported sales were 6.1% higher than the prior-year quarter's $231.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $1.13. GAAP EPS of $1.14 for Q3 were 23% higher than the prior-year quarter's $0.93 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 36.7%, 170 basis points better than the prior-year quarter. Operating margin was 30.0%, 200 basis points better than the prior-year quarter. Net margin was 22.2%, 280 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $973.0 million. The average EPS estimate is $4.48.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 576 members out of 587 rating the stock outperform, and 11 members rating it underperform. Among 145 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 144 give Core Laboratories a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Core Laboratories is hold, with an average price target of $127.71.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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  • Report this Comment On January 30, 2013, at 6:41 PM, TyHub1953 wrote:

    I think Core Labs will be a good stock to hold for at lease the next few years because there are at least (2) two other Major areas that have Billions of Oil & Nat. Gas here in the good old USA. Not to mention Mexico's Deep Water Wells and more in Australia & other Countries around the world!! This Stock should see $200 a share within (2) two years. Go LONG on this one FOOLS. Ty

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