Civeo Corp expected to post earnings of 21  cents a share - Earnings Preview

Civeo

25/10/2023 16:08

* Civeo Corp  CVEO.N   CVEO.K  is expected to show a fall in
quarterly revenue when it reports  results on October 27. 
    * The Houston Texas-based  company is expected to report  a
9.5% decrease in revenue to $166.739 million from $184.23
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Civeo Corp is for
earnings of 21 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​, above​ its last closing price of $19.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  -0.61       -0.61      -1.31     Missed  -113​
 Sep. 30 2022  0.23        0.23       0.32      Beat    39.1
 ​​Jun.        0.51        0.52       0.54      Beat    4.9
 30 2022                                                
 Mar. 31 2022  -0.25       -0.24      0.06      Beat    124.5​
 Dec. 31 2021              0.00       0.58      Beat    11,700
 Sep. 30 2021  0.35        0.25       0.03      Missed  -88
 This summary was machine generated October 25 at 15:07 GMT.  All
figures in US dollars  unless otherwise stated