Published on 1 May 2024 on Simply Wall St. via Yahoo Finance
It's been a mediocre week for Civeo Corporation (NYSE:CVEO) shareholders, with the stock dropping 11% to US$23.22 in the week since its latest first-quarter results. Revenues of US$166m beat expectations by a respectable 7.4%, although statutory losses per share increased. Civeo lost US$0.35, which was 78% more than what the analysts had included in their models. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
View our latest analysis for Civeo
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