Civeo Corp expected to post earnings of 31  cents a share - Earnings Preview

Civeo

26/07/2023 14:49

* Civeo Corp  CVEO.N   CVEO.K  is expected to show a fall in
quarterly revenue when it reports  results on July 28. 
    * The Houston Texas-based  company is expected to report  a
6.1% decrease in revenue to $173.588 million from $184.95
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 31 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 $19.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.26       -0.26      -0.42     Missed  -61.5
 Dec. 31 2023  -0.61       -0.61      -1.31     Missed  -113
 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.        -0.25       -0.24      0.06      Beat    124.5
 31 2022                                                
 Dec. 31 2021              0.00       0.58      Beat    11,700
                                                        ​
 Sep. 30 2021  0.35        0.25       0.03      Missed  -88
 Jun. 30 2021  -0.17       -0.14      0.52      Beat    458.6
 This summary was machine generated July 26 at 13:49 GMT.  All
figures in US dollars  unless otherwise stated