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Stock Market & Financial Investment News

News Breaks
August 13, 2014
08:52 EDTCVEOCiveo Corp. probability of REIT conversion high, says Susquehanna
Susquehanna believes the probability of Civeo Corp. converting to REIT status is high and expects the company's analysis to be completed by the end of Q3. The firm also noted Civeo's better than expected Q2 results including a lower tax rate and higher adjusted EBITDA, both of which will contribute to upside forecasts of AFFO, a key metric for REITs. Susquehanna has a Positive rating with a $31 price target on shares of Civeo Corp.
News For CVEO From The Last 14 Days
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July 30, 2015
18:44 EDTCVEOCiveo Corp. narrows FY15 revenue view to $530M-$545M from $520M-$560M
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18:41 EDTCVEOCiveo Corp. sees Q3 revenue $104M-$112M, consensus $120.43M
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18:40 EDTCVEOCiveo Corp. reports Q2 EPS (13c) with items, consensus (9c)
Reports Q2 revenue $143.1M, consensus $137.13M. Q2 EPS is inclusive of a $6.6M or 6c per diluted share after-tax loss related to the impairment of fixed assets at a village in Australia and a $1.6M or 2c per diluted share after-tax loss from costs incurred in connection with the migration to Canada.

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