Civeo: overview of Q2 results

Civeo CVEO published its second quarter results on Friday July 29, 2022 at 06:00.

Here's what investors need to know about the announcement.

Earnings

Civeo exceeded estimated earnings by 5.88%, posting EPS of $0.54 versus an estimate of $0.51.

Revenue increased by $30.78 million over the same period last year.

Past Earnings Performance

Last quarter, the company beat EPS by $0.3, followed by a 1.48% increase in share price the next day.

Here is an overview of Civeo's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021 EPS estimate -0.24 0.25 -0.17 Actual EPS 0.06 0.58 0.03 0.53 Revenue estimate 142.24M 142.53M 152.56M 132.79M Actual turnover 165.68M 159.80M 155.06M 154.18M

To follow all earnings releases for Civeo, visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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