Core Labs Posts $0.12 Q3 EPS on $132.1M Revenue, Up 6% Sequentially
CLB is trading near its 52-week low of $9.13 (12% above the low).
Summary
Core Labs reported Q3 2026 EPS of $0.12 on revenue of $132.1 million, and guided Q4 revenue to $128.5 million to $134.5 million with EPS of 12c to 20c. Revenue rose 6% from Q2's $124.6 million but is still down 2% year-over-year, so the sequential bounce is a recovery off a weak base rather than growth. EPS of $0.12 is roughly flat with Q2's $0.13, meaning the extra revenue barely moved the bottom line. The Q3 revenue slightly missed estimates on project delays. The 8-K with the full release hit the wire about an hour before this headline. For a company this small, the flat profit on recovering revenue is the key question heading into the call.
At the time of this announcement, CLB was trading at $10.24 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $481.3M. The 52-week trading range was $9.13 to $20.36. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.