Revenue In 2Q:21 Tops Our Estimate On Higher Canadian Occupancy
Civeo (NYSE: CVEO)
was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We raise our 2021 free cash flow per share projection to $4.32 (from $3.56) and suggest Civeo is in a position to both continue to reduce debt and consider returning cash to shareholders, potentially via a buyback, barring significant changes to COVID-related travel restrictions.”
To access the full report, visit https://ibn.fm/XTnFn
About Civeo Corp.
Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 28 lodges and villages in Canada, Australia and the U.S., with an aggregate of approximately 30,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. Please visit http://www.civeo.com
About Sidoti & Company, LLC
For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events
) and the hundreds of non-deal roadshows hosted each year.
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