Civeo (CVEO) Projected to Release Earnings on Thursday

Civeo (NYSE:CVEO) is projected to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of ($0.30) per share and revenue of $172.1760 million for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:30 AM ET.

Civeo (NYSE:CVEO) last issued its quarterly earnings data on Friday, May 1st. The business services provider reported ($0.34) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.61) by $0.27. The company had revenue of $172.67 million during the quarter, compared to analysts’ expectations of $154.70 million. Civeo had a negative return on equity of 7.72% and a negative net margin of 2.10%. On average, analysts expect Civeo to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Civeo Trading Down 0.4%

Shares of Civeo stock opened at $34.34 on Tuesday. Civeo has a 12-month low of $19.75 and a 12-month high of $36.50. The stock has a market capitalization of $375.62 million, a P/E ratio of -28.90 and a beta of 0.73. The company has a 50-day simple moving average of $33.67 and a 200 day simple moving average of $30.08. The company has a quick ratio of 1.81, a current ratio of 1.88 and a debt-to-equity ratio of 1.32.

Analyst Ratings Changes

Separately, Weiss Ratings raised Civeo from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $37.00.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CVEO. Empowered Funds LLC boosted its position in Civeo by 5.5% in the 4th quarter. Empowered Funds LLC now owns 109,216 shares of the business services provider’s stock valued at $2,498,000 after buying an additional 5,702 shares during the last quarter. ExodusPoint Capital Management LP bought a new stake in shares of Civeo during the fourth quarter worth $573,000. Charles Schwab Investment Management Inc. raised its position in shares of Civeo by 38.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 189,057 shares of the business services provider’s stock worth $4,324,000 after acquiring an additional 52,660 shares during the last quarter. Boston Partners raised its position in shares of Civeo by 12.4% during the fourth quarter. Boston Partners now owns 161,911 shares of the business services provider’s stock worth $3,703,000 after acquiring an additional 17,871 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Civeo by 1.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 628,158 shares of the business services provider’s stock valued at $14,366,000 after acquiring an additional 9,784 shares during the period. Institutional investors and hedge funds own 81.44% of the company’s stock.

About Civeo

Civeo Corporation is a leading provider of workforce accommodations and integrated facility management services, primarily serving the oil and gas, mining, and construction sectors. The company specializes in the development, ownership, and operation of remote lodging facilities, commonly known as “man camps,” designed to house workers in geographically challenging environments. Its services include turnkey accommodations, catering, housekeeping, grounds maintenance, and logistical support, tailored to meet the needs of large-scale energy and resource projects.

With a network of lodges and villages across North America and Australia, Civeo caters to clients operating in regions such as Alberta’s oil sands, the Bakken shale play, and Australia’s Pilbara and Bowen Basin mining districts.