Civeo (CVEO) Reports Q4 Loss, Lags Revenue Estimates
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Civeo (CVEO) reported a Q4 loss of $0.88 per share, missing the Zacks Consensus Estimate of a $0.34 loss. This is a significant decline from the $0.06 earnings per share reported a year ago.
February 27, 2025 | 2:00 pm
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Civeo reported a larger-than-expected Q4 loss of $0.88 per share, missing the Zacks Consensus Estimate of a $0.34 loss. This marks a significant decline from the previous year's earnings of $0.06 per share.
The significant miss on earnings estimates and the year-over-year decline in EPS are likely to negatively impact Civeo's stock price in the short term. Investors may react to the unexpected loss, leading to potential selling pressure.
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