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

Civeo

28/04/2023 14:32

* Civeo Corp  CVEO.N  reported a quarterly adjusted loss
of 42
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 26 cents per share.
    * Revenue rose 1.2% to $167.59 million from a year ago;
analysts
expected $157.04 million. 
    * Civeo Corp's reported EPS for the quarter was a loss of 42
cents​.
    * The mean earnings estimate of analysts had risen by
about 25.7%
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 11.1% this quarter and
lost 41.0% so far this year.
    * The company reported a quarterly loss of $6.35 million.
    * Wall Street's median 12-month price target for Civeo Corp
is
$35.00 
    * 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
April 28 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.52           0.54           Beat