Civeo Corp expected to post a loss of 20 cents a share - Earnings Preview

Civeo

24/04/2024 13:42

* Civeo Corp  CVEO.N   CVEO.K  is expected to show a fall in
quarterly revenue when it reports  results on April 26 for the
period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
7.7% decrease in revenue to $154.726 million from $167.59
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 20
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
$31.50​, above​ its last closing price of $26.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              0.07       -0.68     Missed  -1,119
                                                        .9
 Sep. 30 2023  0.21        0.21       0.61      Beat    185.9
 Jun. 30 2023  0.30        0.31       0.30      Missed  -2.2​
 Mar. 31 2023  -0.26       -0.26      -0.42     Missed  -61.5
 ​​Dec.        -0.61       -0.61      -1.31     Missed  -113
 31 2022                                                
 Sep. 30 2022  0.23        0.23       0.32      Beat    39.1​
 Jun. 30 2022  0.51        0.52       0.54      Beat    4.9
 Mar. 31 2022  -0.25       -0.24      0.06      Beat    124.5
 This summary was machine generated April 24 at 12:42 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)