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Civeo Corp expected to post a loss of 27 cents a share - Earnings Preview

Civeo Corp CVEO.N, CVEO.K is expected to show a fall in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Houston Texas-based  company is expected to report a 4.9% decrease in revenue to $162.432 million from $170.8 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 27 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 $26.68. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 20240.00-0.02-0.36Missed-1,443.1
Jun. 30 20240.210.210.56Beat166.7
Mar. 31 2024-0.22-0.20-0.35Missed-78​
Dec. 31 20230.07-0.68Missed-1,119.9
​​Sep. 30 20230.210.210.61Beat185.9
Jun. 30 20230.300.310.30Missed-2.2​
Mar. 31 2023-0.26-0.26-0.42Missed-61.5
Dec. 31 2022-0.61-0.61-1.31Missed-113
This summary was machine generated February 25 at 14:27 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)

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