Core Laboratories (CLB) Crumbles: Stock Falls by 6.2% – Tale of the Tape

On Jan 28, Core Laboratories announced its fourth quarter and full year 2014 earning results were the company lowered its 2015 guidance.

This slump shouldn’t be too much of a surprise to investors, as the oil field services provider has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

CLB currently has a Zacks Rank #4 (Sell).

A better-ranked stock in the oil field services sector is Transocean Partners LLC (RIGP), which currently carries a Zacks Rank #1 (Strong Buy).

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