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Oilfield reservoir manager Core Labs Q3 revenue beats estimates on strong demand 
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Oilfield reservoir manager Core Labs Q3 revenue beats estimates on strong demand 
Oct 22, 2025 2:21 PM

Overview

* Core Labs ( CLB ) Q3 revenue of $134.5 mln beats analyst expectations, per LSEG data

* Company repurchased 462,248 shares, valued at $5.0 mln

* Core Labs ( CLB ) completed acquisition of Solintec, expanding Brazilian operations

Outlook

* Core Labs ( CLB ) projects Q4 revenue between $132 mln and $136 mln

* Company expects Q4 2025 EPS of $0.18 to $0.22

* Reservoir Description Q4 revenue projected at $88 mln to $90 mln

Result Drivers

* GLOBAL DEMAND - Sequential revenue growth driven by global demand for proprietary services and products

* ASIA-PACIFIC PROGRAMS - Committed exploration and development programs in Asia-Pacific region contributed to results

* SOLINTEC ACQUISITION - Acquisition of Solintec expanded Brazilian operations and capabilities

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $134.50 $130.90

Revenue mln mln (3

Analysts

)

Q3 EPS $0.30

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the business support services peer group is "buy."

* Wall Street's median 12-month price target for Core Laboratories Inc ( CLB ) is $14.00, about 14% above its October 21 closing price of $12.04

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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