Civeo (CVEO) Reports Q4 Loss, Misses Revenue Estimates

Civeo (CVEO) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to a loss of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -35.50%. A quarter ago, it was expected that this provider of remote-site workforce housing would post earnings of $0.2 per share when it actually produced a loss of $0.04, delivering a surprise of -120%.Over the last four quarter ...