Civeo (CVEO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Civeo (CVEO) reported revenue of $166.12 million, down 0.9% over the same period last year. EPS came in at -$0.26, compared to -$0.42 in the year-ago quarter.The reported revenue represents a surprise of +7.36% over the Zacks Consensus Estimate of $154.73 million. With the consensus EPS estimate being -$0.20, the EPS surprise was -30.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...