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Market Impact: 0.35

Civeo (CVEO) Reports Q1 Loss, Tops Revenue Estimates

CVEO
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Civeo reported a quarterly loss of $0.34 per share, beating the Zacks Consensus Estimate for a $0.61 loss by $0.27 per share. The result also improved materially from a $0.72 per-share loss a year ago, indicating a better year-over-year earnings trend.

Analysis

Civeo reported a quarterly loss of $0.34 per share, beating the Zacks Consensus Estimate for a $0.61 loss by $0.27 per share. The result also improved materially from a $0.72 per-share loss a year ago, indicating a better year-over-year earnings trend.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.35

Ticker Sentiment

CVEO0.45