Civeo (CVEO) Reports Q4 Loss, Lags Revenue Estimates

Civeo (CVEO) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -158.82%. A quarter ago, it was expected that this provider of remote-site workforce housing would post earnings of $0.03 per share when it actually produced a loss of $0.36, delivering a surprise of -1,300%.Over the last four q ...