Civeo: Q3 Earnings Insights

Civeo CVEO reported its Q3 earnings results on Friday, October 28, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Civeo beat estimated earnings by 39.13%, reporting an EPS of $0.32 versus an estimate of $0.23.

Revenue was up $29.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 4.0% increase in the share price the next day.

Here's a look at Civeo's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.51 -0.24   0.25
EPS Actual 0.54 0.06 0.58 0.03
Revenue Estimate 177.21M 142.24M 142.53M 152.56M
Revenue Actual 184.95M 165.68M 159.80M 155.06M

To track all earnings releases for Civeo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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