Civeo Corp reports results for the quarter ended March 31 - Earnings Summary

Civeo

30/04/2025 12:14

Civeo Corp CVEO.N reported a quarterly adjusted loss of 72 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -35 cents.  The mean expectation of three analysts for the quarter was for a loss of 80 cents per share. Wall Street expected results to range from $-1.12 to -43 cents per share.

Revenue fell 13.3% to $144.04 million from a year ago; analysts expected $148.14 million.

Civeo Corp's reported EPS for the quarter was a loss of 72 cents​.

The company reported a quarterly loss of $9.84 million.

Civeo Corp shares had fallen by 12.7% this quarter and lost 11.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2,072.5% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

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." The average consensus recommendation for the real estate rental, development & operations peer group is also "strong buy"

Wall Street's median 12-month price target for Civeo Corp is $29.00

This summary was machine generated from LSEG data April 30 at 11:13 a.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.80
-0.72
Beat
Dec. 31 2024
-0.27
-1.10
Missed
Sep. 30 2024
-0.02
-0.36
Missed
Jun. 30 2024
0.21
0.56
Beat