The Recovery in Core Laboratories N.V.'s Results Accelerated in the Second Quarter
The recovery in Core Laboratories' (NYSE: CLB) financial results continued gaining momentum during the second quarter, with revenue and earnings both climbing by double digits. But the overall results were mixed, since revenue came in below the company's guidance range while earnings hit the high end of its forecast. Further, the company sees the market entering a transitional period in the upcoming quarters, which will slow down its recovery.
Metric
Q2 2017
Source: Fool.com
Core Laboratories Inc. Stock
€22.20
11.000%
Our community is currently low on Core Laboratories Inc. with 0 Buy predictions and 3 Sell predictions.
A potential of -36.94%, resulting from comparing the current price of 22.2 € with the target price of 14 € for Core Laboratories Inc., shows the chance of incurring significant losses.
