Civeo (CVEO) Reports Q3 Loss, Tops Revenue Estimates

Civeo (CVEO) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1,300%. A quarter ago, it was expected that this provider of remote-site workforce housing would post earnings of $0.21 per share when it actually produced earnings of $0.56, delivering a surprise of 166.67%. Over the last four quarters ...