Civeo Corporation (NYSE: CVEO) has set the date for the release of its third quarter financial results on Wednesday 30th October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
Based on the predictions of financial experts on Wall Street, the enterprise is expected to reveal an anticipated $0.02 loss per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $168.75 million for the quarter.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.61 per share. This number was attributed to the company's total revenue, which settled at an impressive $183.57 million during the same period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $678.86 million. Furthermore, they are predicting loss of $0.43 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.56 | +86.7% | 188.71 M | +5.5% |
| Q1 2024 | $-0.23 | +45.2% | 166.12 M | -0.9% |
| Q4 2023 | $-0.03 | +96.7% | 170.80 M | +5.3% |
| Q3 2023 | $0.61 | +90.6% | 183.57 M | -0.4% |
| Q2 2023 | $0.30 | -44.4% | 178.84 M | -3.3% |
| *Growth on year-over-year basis | ||||
CVEO will host a conference call with investment community on 30th October 2024 at 11:00 AM eastern time to discuss the financial results.
Civeo Corporation (CVEO) closed Monday's regular trading session at $27.72, demonstrating a 1.6 percent drop. During the day, CVEO shares traded between $27.61 and $28.17, with a day volume of 39.00 thousand shares.
