Civeo's earnings call presented a mixed outlook. The company made significant progress in its share repurchase program and achieved strong results in Australia. However, these positives were offset by challenges in Canada, including a notable revenue decline and a reported net loss. The sentiment is balanced due to these opposing factors.

Company Guidance -

Q3 2025

During the Civeo Corporation Second Quarter 2025 Earnings Call, Bradley Dodson, CEO, provided guidance for the full year 2025, maintaining expectations for revenues between $640 million and $670 million and adjusted EBITDA ranging from $86 million to $96 million. Capital expenditure guidance remains at $20 million to $25 million. The company has made significant progress on its share repurchase authorization, completing 30% in Q2, with approximately 883,000 shares repurchased. The Australian segment showed strong performance, with revenue up 4% year-over-year, driven by a recent acquisition and robust integrated services growth, while Canadian operations faced challenges due to macroeconomic headwinds. Civeo aims to use 100% of its annual free cash flow to complete its share repurchase authorization, targeting a year-end leverage ratio of 2x.

Share Repurchase Program Progress

Civeo repurchased 883,000 common shares, approximately 7% of shares outstanding, capitalizing on market softness. This represents 30% of the new buyback authorization by June 30, 2025.

Strong Australian Performance

Revenue in Australia increased by 4% year-over-year, or 7% on a constant currency basis. Adjusted EBITDA grew by 10%, or 12% on a constant currency basis, driven by acquisitions and integrated services business growth.

New Contracts in Australia

Civeo secured two significant contracts in Australia: a 4-year AUD 250 million contract and a 3-year AUD 64 million contract, indicating strong customer trust and business strategy validation.

Civeo (CVEO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CVEO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 24, 2025	2025 (Q3)	0.33 / -	-0.36	―	―	―
Jul 29, 2025	2025 (Q2)	-0.03 / -0.25	0.56	-144.64% (-0.81)	―
Apr 30, 2025	2025 (Q1)	-0.80 / -0.72	-0.35	-105.71% (-0.37)	―
Feb 27, 2025	2024 (Q4)	-0.27 / -1.10	1.55	-170.97% (-2.65)	―
Oct 30, 2024	2024 (Q3)	-0.12 / -0.36	0.61	-159.02% (-0.97)	―
Jul 30, 2024	2024 (Q2)	0.23 / 0.56	0.3	86.67% (+0.26)	―
Apr 26, 2024	2024 (Q1)	-0.20 / -0.35	-0.42	16.67% (+0.07)	―
Feb 29, 2024	2023 (Q4)	0.07 / 1.55	-1.31	218.32% (+2.86)	―
Oct 27, 2023	2023 (Q3)	0.17 / 0.61	0.32	90.62% (+0.29)	―
Jul 28, 2023	2023 (Q2)	0.31 / 0.30	0.54	-44.44% (-0.24)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CVEO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$24.55	$23.60	-3.87%
Apr 30, 2025	$20.09	$18.99	-5.48%
Feb 27, 2025	$26.97	$22.00	-18.43%
Oct 30, 2024	$26.96	$24.70	-8.38%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Civeo Corp. (CVEO) report earnings?

Civeo Corp. (CVEO) is schdueled to report earning on Oct 24, 2025, Before Open (Confirmed).

What is Civeo Corp. (CVEO) earnings time?

Civeo Corp. (CVEO) earnings time is at Oct 24, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CVEO EPS forecast?

CVEO EPS forecast for the fiscal quarter 2025 (Q3) is 0.33.

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