Civeo (CVEO) Set to Announce Earnings on Friday

Civeo (NYSE:CVEO) is set to release its earnings data 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.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Civeo (NYSE:CVEO) last posted its quarterly earnings data on Thursday, February 29th. The business services provider reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.27) by $0.33. Civeo had a return on equity of 2.69% and a net margin of 4.30%. The business 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 %

CVEO stock opened at $25.97 on Wednesday. The stock’s fifty day simple moving average is $24.93 and its two-hundred day simple moving average is $23.01. The company has a current ratio of 1.53, a quick ratio of 1.47 and a debt-to-equity ratio of 0.20. Civeo has a 1-year low of $17.87 and a 1-year high of $28.00. The stock has a market cap of $380.72 million, a P/E ratio of 12.73 and a beta of 2.17.

Civeo Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 18th. Shareholders of record on Monday, February 26th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $1.00 annualized dividend and a yield of 3.85%. Civeo’s dividend 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.