Civeo Q2 GAAP EPS $0.56 Beats $0.21 Estimate, Sales $188.71M Beat $173.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Civeo (NYSE:CVEO) reported Q2 earnings of $0.56 per share, significantly beating the analyst estimate of $0.21. Sales also surpassed expectations, coming in at $188.71 million versus the $173.70 million estimate.
July 30, 2024 | 10:33 am
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Civeo reported Q2 earnings of $0.56 per share, beating the analyst estimate of $0.21 by 166.67%. Sales also exceeded expectations at $188.71 million, an 8.64% beat over the $173.70 million estimate.
Civeo's strong earnings and revenue beats are likely to positively impact its stock price in the short term. The significant earnings beat and solid revenue performance indicate strong operational performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100