Civeo Corp reports results for the quarter ended September 30 - Earnings Summary

Civeo

27/02/2025 14:32

Civeo Corp CVEO.N reported a quarterly adjusted loss of 36 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 61 cents.  The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -12 cents to -14 cents per share.

Revenue fell 3.9% to $150.95 million from a year ago; analysts expected $168.76 million.

Civeo Corp's reported EPS for the quarter was a loss of $1.10​.

The company reported a quarterly loss of $5.09 million.

Civeo Corp shares had risen by 18.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $32.50

This summary was machine generated from LSEG data February 27 at 02:30 p.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
Sep. 30 2024
-0.27
-1.10
Missed
Jun. 30 2024
-0.02
0.56
Beat
Mar. 31 2024
-0.20
-0.35
Missed
Dec. 31 2023
-0.20
-0.68
Missed