Civeo (CVEO) Reports Q1 Loss, Tops Revenue Estimates

Civeo (CVEO) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -30%. A quarter ago, it was expected that this provider of remote-site workforce housing would post a loss of $0.27 per share when it actually produced earnings of $0.06, delivering a surprise of 122.22%.Over the last four quarters, ...