Civeo Corp expected to post a loss of 27 cents a share - Earnings Preview

Reuters
02-25
Civeo Corp <cveo.n> expected to post a loss of 27 cents a share - Earnings Preview </cveo.n>
  • Civeo Corp CVEO.N, CVEO.K is expected to show a fall in quarterly revenue when it reports results on February 27 for the period ending December 31 2024

  • The Houston Texas-based company is expected to report a 4.9% decrease in revenue to $162.432 million from $170.8 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Civeo Corp is for a loss of 27 cents per share.

  • The one available analyst rating on the shares is "strong buy".

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

  • Wall Street's median 12-month price target for Civeo Corp is $32.50​, above​ its last closing price of $26.68. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.00

-0.02

-0.36

Missed

-1,443.1

Jun. 30 2024

0.21

0.21

0.56

Beat

166.7

Mar. 31 2024

-0.22

-0.20

-0.35

Missed

-78​

Dec. 31 2023

0.07

-0.68

Missed

-1,119.9

​​Sep. 30 2023

0.21

0.21

0.61

Beat

185.9

Jun. 30 2023

0.30

0.31

0.30

Missed

-2.2​

Mar. 31 2023

-0.26

-0.26

-0.42

Missed

-61.5

Dec. 31 2022

-0.61

-0.61

-1.31

Missed

-113

This summary was machine generated February 25 at 14:27 GMT. 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)

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