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

Civeo

28/07/2023 14:31

* Civeo Corp  CVEO.N  reported quarterly adjusted earnings
of 30
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 31 cents per share.
    * Revenue fell 3.3% to $178.84 million from a year ago;
analysts
expected $173.59 million. 
    * Civeo Corp's reported EPS for the quarter was 30 cents​.
    * The mean earnings estimate of analysts had risen by
about 228.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Civeo Corp shares had fallen by 3.5% this quarter and
lost 39.5%
so far this year.
    * The company reported quarterly net income of $4.46
million.
    * Wall Street's median 12-month price target for Civeo Corp
is
$32.00 
    * 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 from LSEG Refinitiv data July
28 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.31           0.30           Missed
 Mar. 31 2023      -0.26          -0.42          Missed
 Dec. 31 2022      -0.61          -1.31          Missed
 Sep. 30 2022      0.23           0.32           Beat