Civeo (CVEO) Reports Q2 Loss, Lags Revenue Estimates

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Civeo shares have added about 8.1% since the beginning of the year versus the S&P 500's gain of 8.6%. What's Next for Civeo? While Civeo has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Civeo (CVEO) came out with a quarterly loss of $0.25 ...