Benzinga | Jul 29, 2020 06:43AM EDT

Civeo Q2 GAAP EPS $0.03 May Not Compare To $(0.10) Estimate, Sales $114.70M Beat $89.20M Estimate

Civeo (NYSE:CVEO) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.10) by 130 percent. This is a 150 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $114.70 million which beat the analyst consensus estimate of $89.20 million by 28.59 percent. This is a 6.10 percent decrease over sales of $122.15 million the same period last year.