Core Laboratories NV Profit Rises In Q4, But Misses Estimates

(RTTNews) - Core Laboratories NV (CLB) announced earnings for its fourth quarter that increased from the same period last year but missed the Street estimates.

The company's bottom line came in at $7.40 million, or $0.15 per share. This compares with $2.20 million, or $0.05 per share, last year.

Analysts on average had expected the company to earn $0.22 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 0.8% to $129.24 million from $128.21 million last year.

Core Laboratories NV earnings at a glance (GAAP) :

-Earnings: $7.40 Mln. vs. $2.20 Mln. last year. -EPS: $0.15 vs. $0.05 last year. -Revenue: $129.24 Mln vs. $128.21 Mln last year.