Civeo (CVEO) Projected to Announce Quarterly Earnings on Friday

Key Points

• Civeo is expected to report Q3 2026 results before the market opens on October 30. Analysts forecast a loss of $0.2741 per share and revenue of $174.05 million.
• In the prior quarter, Civeo beat earnings expectations, reporting a $0.23 per-share loss versus the estimated $0.30 loss, while revenue reached $180.02 million.
• Analysts maintain a Moderate Buy consensus with an average price target of $42.25, despite shares recently trading down 4.5% to $27.18.

Civeo (NYSE:CVEO - Get Free Report) is projected to announce its Q3 2026 results before the market opens on Friday, October 30th. Analysts expect the company to post earnings of ($0.2741) per share and revenue of $174.05 million for the quarter. Individuals may review the information on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 30, 2026 at 8:30 AM ET.

Civeo (NYSE:CVEO - Get Free Report) last issued its earnings results on Thursday, July 30th. The business services provider reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.07. Civeo had a negative return on equity of 7.82% and a negative net margin of 1.93%. The company had revenue of $180.02 million during the quarter, compared to the consensus estimate of $172.18 million. On average, analysts expect Civeo to post ($1.00) EPS for the current fiscal year and $0.34 EPS for the next fiscal year.

Civeo Trading Down 4.5%

CVEO stock opened at $27.18 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.81 and a debt-to-equity ratio of 1.31. Civeo has a 1 year low of $20.59 and a 1 year high of $36.50. The stock has a 50-day simple moving average of $32.67 and a 200-day simple moving average of $32.58.

Analysts Set New Price Targets

Several equities analysts recently commented on CVEO shares. Roth Capital started coverage on Civeo in a research report on Thursday, October 1st. They set a "buy" rating and a $39.00 price target on the stock. Weiss Ratings raised shares of Civeo from a "sell (d-)" rating to a "sell (d)" rating in a research report on Monday, August 31st. Northland Securities initiated coverage on shares of Civeo in a research note on Thursday, October 1st. They set an "outperform" rating and a $42.00 price objective on the stock. Finally, Raymond James Financial lowered shares of Civeo from a "strong-buy" rating to a "buy" rating in a research note on Thursday, October 1st. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $42.25.

About Civeo

Civeo Corporation NYSE: CVEO provides workforce accommodations and hospitality services for companies operating in remote and resource-intensive locations. Its customers primarily include energy, mining and infrastructure companies that require lodging, dining and related support services for employees and contractors.

The company operates lodges, villages and mobile workforce camps, offering furnished rooms, catering, housekeeping, facility management, maintenance, transportation and other site services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.