Civeo Sees FY23 Revenue Of $675M-$685M Compared To Prior Guidance Of $640M-$650M And Consensus of $650.83M
Portfolio Pulse from Benzinga Newsdesk
Civeo has updated its FY23 revenue guidance to $675M-$685M, up from the previous estimate of $640M-$650M. This is also higher than the consensus estimate of $650.83M.
October 27, 2023 | 10:44 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Civeo's updated FY23 revenue guidance is higher than both its previous estimate and the consensus estimate. This could indicate a positive outlook for the company's future performance.
Civeo's updated revenue guidance for FY23 is higher than both its previous estimate and the consensus estimate. This suggests that the company expects to perform better than previously anticipated, which could have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100