Civeo Corp expected to post earnings of 25 cents a share - Earnings Preview

Civeo

27/10/2021 08:39

* Civeo Corp  CVEO.N   CVEO.K  is expected to show a rise in
quarterly revenue when it reports results on October 28. 
* The Houston, Texas-based company is expected to report  a
8.5% increase in revenue to $154.988 million from $142.86
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Civeo Corp is for
earnings of 25 cents per share. For the same quarter last year,
the company reported earnings of 48 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* 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
$30.5​, about 25.9% above​ its last closing price of $22.60. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.17       -0.14      0.52      Beat    458.6
 Mar. 31 2021  -0.56       -0.56      -0.70     Missed  -25
 Dec. 31 2020  -0.49       -0.49      -0.16     Beat    67.3​
 Sep. 30 2020  -0.62       -0.60      0.48      Beat    180
 Jun.          -1.17​      -1.26      0.00      Beat    100​
 30​ 2020​                                              
 Mar. 31 2020  -0.72       -0.84      -0.12     Beat    85.7​
 Dec. 31 2019              -0.96      -2.28     Missed  -137.5
 Sep. 30 2019  -0.24       -0.24      0.24      Beat    200
 This summary was machine generated October 27 at 07:39 GMT.  All
figures in US dollars unless otherwise stated