earnings
confidence high
sentiment negative
materiality 0.75
Core Labs cuts Q1 2026 guidance citing Middle East conflict; revenue now $119-123M
Core Laboratories Inc. /DE/
- First quarter 2026 revenue guidance revised to $119M-$123M, down from previously issued guidance.
- Operating income ex-items projected at $5.7M-$7.1M; EPS ex-items $0.05-$0.07.
- Client-driven project delays, travel constraints, and supply-chain disruptions from Middle East conflict cited.
- Reservoir Description segment most impacted; Production Enhancement less affected but energetics shipments delayed.
- Earnings call scheduled for April 30, 2026; press release on April 29 after market close.