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Civeo Corp reports results for the quarter ended in June - Earnings Summary

* Civeo Corp  CVEO.N  reported quarterly adjusted earnings of 52
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 14
cents per share.
* Revenue rose 34.4% to $154.18 million from a year ago; 
analysts expected $136.59 million. 
* Civeo Corp's reported EPS for the quarter was a loss of 3
cents​.
* The mean earnings estimate of analysts had fallen by
about 20.8% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Civeo Corp shares had risen by 22.8% this quarter and
gained 57.3% so far this year.
* Wall Street's median 12-month price target for Civeo Corp is
$30.00 
* 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." 
This summary was machine generated July 30 at 06:53 p.m.  ​All
figures in US dollars unless otherwise stated

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