Civeo (CVEO) to Release Earnings on Thursday

Civeo (NYSE:CVEO) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.27) per share and revenue of $162.57 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Civeo Stock Up 0.9 %

CVEO stock opened at $26.93 on Wednesday. The stock has a market capitalization of $370.91 million, a P/E ratio of 19.24 and a beta of 2.00. Civeo has a 52 week low of $21.15 and a 52 week high of $28.92. The firm has a 50-day simple moving average of $23.78 and a 200-day simple moving average of $25.46. The company has a quick ratio of 1.28, a current ratio of 1.36 and a debt-to-equity ratio of 0.18.

Civeo Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, February 24th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.71%. Civeo’s payout ratio is currently 71.43%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Civeo from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 29th.

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.