Civeo Corp expected to post a loss of 2 cents a share - Earnings Preview

Civeo

28/10/2024 13:08

* Civeo Corp  CVEO.N   CVEO.K  is expected to show a fall in
quarterly revenue when it reports  results on October 30 for the
period ending September 30 2024
    * The Houston Texas-based  company is expected to report a
8.1% decrease in revenue to $168.755 million from $183.57
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Civeo Corp is for a loss
of 2
cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Civeo Corp
is
$32.50​, above​ its last closing price of $28.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.21        0.21       0.56      Beat    166.7
 Mar. 31 2024  -0.22       -0.20      -0.35     Missed  -78
 Dec. 31 2023              0.07       -0.68     Missed  -1,119
                                                        .9​
 Sep. 30 2023  0.21        0.21       0.61      Beat    185.9
 ​​Jun.        0.30        0.31       0.30      Missed  -2.2
 30 2023                                                
 Mar. 31 2023  -0.26       -0.26      -0.42     Missed  -61.5​
 Dec. 31 2022  -0.61       -0.61      -1.31     Missed  -113
 Sep. 30 2022  0.23        0.23       0.32      Beat    39.1
 This summary was machine generated October 28 at 13:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)