Civeo (CVEO) Set to Announce Earnings on Friday

Civeo (NYSE:CVEO) is scheduled to be posting its quarterly earnings results before the market opens on Friday, April 26th. Analysts expect Civeo to post earnings of ($0.20) per share for the quarter. Civeo has set its FY 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Civeo (NYSE:CVEO) last issued its quarterly earnings results on Thursday, February 29th. The business services provider reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.33. Civeo had a return on equity of 2.69% and a net margin of 4.30%. The company had revenue of $170.80 million for the quarter, compared to analysts’ expectations of $151.12 million. On average, analysts expect Civeo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Civeo Stock Up 0.8 %

Shares of NYSE CVEO opened at $25.97 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.47 and a current ratio of 1.53. Civeo has a 52 week low of $17.87 and a 52 week high of $28.00. The stock has a market capitalization of $380.72 million, a P/E ratio of 12.73 and a beta of 2.17. The stock’s fifty day moving average is $24.93 and its 200 day moving average is $23.01.

Civeo Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 18th. Investors of record on Monday, February 26th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date of this dividend was Friday, February 23rd. Civeo’s payout ratio is currently 49.02%.

Civeo Company Profile

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.