Civeo Corp expected to post earnings of 7 cents a share - Earnings Preview

Civeo

27/02/2024 14:38

* Civeo Corp  CVEO.N   CVEO.K  is expected to show a fall in
quarterly revenue when it reports  results on February 29 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
6.8% decrease in revenue to $151.123 million from $162.19
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
earnings of
7 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 $22.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  -0.61       -0.61      -1.31     Missed  -113
 ​​Sep.        0.23        0.23       0.32      Beat    39.1
 30 2022                                                
 Jun. 30 2022  0.51        0.52       0.54      Beat    4.9​
 Mar. 31 2022  -0.25       -0.24      0.06      Beat    124.5
 Dec. 31 2021              0.00       0.58      Beat    11,700
 This summary was machine generated February 27 at 14:38 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)