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

Monday - 1/28/2013, 9:58am  ET

Core Laboratories 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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This article was originally published as What Does Wall Street See for Core Laboratories's Q4?on Fool.com

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