Civeo (NYSE: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.
