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

Civeo

28/10/2022 14:32

* Civeo Corp  CVEO.N  reported quarterly adjusted earnings
of 32
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
23 cents per share.
    * Revenue rose 18.8% to $184.23 million from a year ago;
analysts
expected $173.56 million. 
    * Civeo Corp's reported EPS for the quarter was 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 47.7%
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 risen by 17.9% this quarter and
gained 54.6% so far this year.
    * The company reported quarterly net income of $5.23
million.
    * Wall Street's median 12-month price target for Civeo Corp
is
$34.50 
    * 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 Refinitiv data October
28 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.23           0.32           Beat
 Jun. 30 2022      0.52           0.54           Beat
 Mar. 31 2022      -0.24          0.06           Beat
 Dec. 31 2021      0.00           0.58           Beat