Civeo Corporation (NYSE:CVEO) is set to announce second quarter earning results on Wednesday 29th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CVEO to report 2Q20 loss of $ 0.1 per share.
For the full year, analysts anticipate top line of $ 422.80 million, while looking forward to loss of $ 0.3 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 560.00 million ~ $ 576.00 million
Click Here For More Historical Outlooks Of Civeo Corporation
Previous Quarter Performance
Civeo Corporation unfold loss for the first quarter of $ 0.01 per share, from the revenue of $ 138.79 million. The quarterly revenues grew 27.86 percent compared with the same quarter last year. According to street consensus, CVEO was expected to report 1Q20 loss of $ 0.07 per share from revenue of $ 135.60 million. The bottom line results beat street analysts by $ 0.06 or 85.71 percent, at the same time, top line results outshined analysts by $ 3.19 million or 2.35 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CVEO was $ 0.54, representing a 58.82 % increase from the 52 week low of $ 0.34 and a 68.42 % decrease over the 52 week high of $ 1.71.
The company has a market capital of $ 91.31 million and is part of the Industrials sector and Business Services industry.
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Conference Call
Civeo Corporation will be hosting a conference call at 11:00 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website civeo.com
Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, the United States, and internationally. The company develops lodges and villages; and mobile accommodations, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations. It also offers food, housekeeping, and maintenance services, as well as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security, and logistics services; recreation facilities; and camp management services, including fresh water and sewage hauling services.
