Replies to post #16045 on The Rising Influence of Rising Affluence

[jbog]

Core Labs

As a result of this typical seasonal pattern, Core projects first quarter 2018 revenue of approximately $168,000,000 to $172,000,000 and operating income of approximately $32,000,000 to $32,700,000, yielding operating margins of approximately 19%. EPS for the first quarter 2018 is expected to be approximately $0.56 to $0.58. This first quarter midpoint guidance by the Company represents a year-over-year improvement in revenue by 8%, operating income by 33% and EPS by 36%.

This initial first quarter 2018 guidance by Core Lab excludes gains or losses in foreign exchange and assumes an effective tax rate of 15%.


Looks like they are going to benefit from taxes.