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Civeo (CVEO) Reports Q1 Loss, Lags Revenue Estimates
CiveoCiveo(US:CVEO) ZACKS·2025-04-30 12:40

Group 1 - Civeo reported a quarterly loss of $0.72 per share, which was better than the Zacks Consensus Estimate of a loss of $0.78, but worse than a loss of $0.26 per share a year ago, indicating an earnings surprise of 7.69% [1] - The company posted revenues of $144.04 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.91%, and down from $166.12 million in the same quarter last year [2] - Civeo shares have declined approximately 11.6% since the beginning of the year, compared to a decline of 5.5% for the S&P 500 [3] Group 2 - The earnings outlook for Civeo is mixed, with the current consensus EPS estimate for the coming quarter at $0.24 on revenues of $166.34 million, and for the current fiscal year at -$0.25 on revenues of $652.81 million [7] - The Hotels and Motels industry, to which Civeo belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]