Chief Financial Officer Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. We present EBITDA and Adjusted EBITDA because we believe they provide useful information regarding the factors and trends affecting our business in addition to measures calculated under GAAP. You can change your choices at any time by visiting your privacy controls. A quarter ago, it was expected that this provider of hydraulic fracturing services would post a loss of $0.16 per share when it actually produced a loss of $0.03, delivering a surprise of 81.25%. 303-515-2851 Click to get this free reportLiberty Energy Inc. (LBRT): Free Stock Analysis ReportTechnipFMC plc (FTI): Free Stock Analysis ReportTo read this article on Zacks.com click here. Liberty Oilfield Services shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of -16.9%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The current consensus EPS estimate is $0.25 on $945.6 million in revenues for the coming quarter and $0.72 on $3.56 billion in revenues for the current fiscal year. Ludoteca Mundo Magico, Eciglogstica, Ainia, Somnis, una fbrica de sueos, Restaurante Montecaada, CEEI Valencia, Centro Europeo de Empresas Innovadoras de Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. As the market tightened last fall, our customers recognized that the unfolding recovery would increase the importance of having the highest quality partners able to navigate turbulent times and deliver operational excellence. For more information about Liberty, please contact Investor Relations at IR@libertyfrac.com. Liberty Oilfield Services, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $942.62 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 7.76%. Liberty was founded in 2011 with a relentless focus on developing and delivering next-generation technology for the . With The Job Market Holding Up, What To Expect From ADPs Q2 Earnings? So, the shares are expected to outperform the market in the near future. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. For the last reported quarter, it was expected that Liberty Oilfield Services would post earnings of $0.63 per share when it actually produced earnings of $0.78, delivering a surprise of +23.81%. Net capital expenditures presented above include investing cash flows from purchase of property and equipment, excluding acquisition, net of proceeds from the sales of assets. A wealth of resources for individual investors is available at www.zacks.com. Liberty Energy Inc. (LBRT) - free report >>. Energy enables everything we do, and our passion is to energize the world. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. ZacksTrade and Zacks.com are separate companies. Analysts estimate . This compares to loss of $0.29 per share a year ago. This widely-known . This compares to loss of $0.21 per share a year ago. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 11% of the 250 plus Zacks industries. These figures are adjusted for non-recurring items. We expect that our investments today will lead to strong returns in the coming years, continued Mr. Wright. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. We enhanced our technological advantages through the acquisition of PropX with wet sand handling and industry-leading last-mile proppant delivery solutions. 16 analysts predict losses of $0.161 per share compared to losses of $0.210 per share in the same quarter of the previous year. We use cookies to understand how you use our site and to improve your experience. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements. We, Yahoo, are part of the Yahoo family of brands. Best General cleaning services in Paterna, Valencian Community. Together with our ongoing development of digiFrac electric fleets, these advancements provide customers with differential frac services. To learn more, click here. Liberty Energy. Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. The replay will be available until February 16, 2022. The presentation of non-GAAP financial and operational measures is not intended to be a substitute for, and should not be considered in isolation from, the financial measures reported in accordance with U.S. GAAP. Liberty Oilfield Services , which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $1.19 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 13.40%. Fully diluted loss per share was $0.03 for the first quarter of 2022 compared to a loss of $0.31 for the fourth quarter of 2021. If you do not, click Cancel. This provider of equipment and services to energy companies is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +166.7%. ratios and use a decline as an exit point. We also expect margin growth as our new strategic efforts begin to pay dividends in lowering our cost of operations and increasing efficiency, commented Mr. Wright. These returns cover a period from January 1, 1988 through December 5, 2022. So, the shares are expected to outperform the market in the near future. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. decisions whether to buy, sell, or stay in the company. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. This compares to loss of $0.29 per share a year ago. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. Linde (LIN), another stock in the same industry, has yet to report results for the quarter ended September 2022. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. This compares to loss of $0.22 per share a. Revenues. Find out more about how we use your information in our privacy policy and cookie policy. Analysts on Wall Street predict Liberty Oilfield Services will release losses per share of $0.161. This compares to year-ago revenues of $581.29 million. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado. technical signals. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. This compares to year-ago revenues of $653.73 million. Within the frac market, two years of supply attrition and cannibalization plus constraints from labor shortages, and a secular shift towards next generation frac fleet technologies has led to tightness in the frac space. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures for a reconciliation or calculation of the non-GAAP financial or operational measures to the most directly comparable GAAP measure. This gas supplier is expected to post quarterly earnings of $2.93 per share in its upcoming report, which represents a year-over-year change of +7.3%. These forward-looking statements represent our expectations or beliefs concerning future events, and it is possible that the results described in this earnings release will not be achieved. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. The company was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level. The webcast can be accessed for 90 days following the call. Liberty Oilfield Services (LBRT Quick Quote LBRT - Free Report) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share.This compares to loss . By using the site you agree and are held In accordance with U.S. GAAP, diluted weighted average common shares outstanding for the three months ended December 31, and September 30, 2021, and December 31, 2020, exclude weighted average shares of Class B common stock (2,581, 1,860, and 21,970, respectively), restricted shares (0, 0, and 79, respectively) and restricted stock units (4,039, 3,256, and 2,507, respectively) outstanding during the period. Net loss attributable to controlling and non-controlling interests. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. These forward-looking statements represent our expectations or beliefs concerning future events, and it is possible that the results described in this earnings release will not be achieved. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. A Good Enough Start to the Q4 Earnings Season, 4 Sectors & Their ETFs Returning Double-Digits to Start 2023, Top Analyst Reports for Pfizer, Abbott Laboratories & Union Pacific. Integration-related costs are still with us today, impacting our bottom-line results. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. Net loss before income taxes for the year ended December 31, 2021 included non-recurring transaction, severance and other costs of $15.1 million compared to $21.1 million for the year ended December 31, 2020. This compares to loss of $0.22 per share a. For the year ended December 31, 2021, and 2020 diluted weighted average common shares outstanding excludes the weighted average shares of Class B common stock (7,052 and 27,427, respectively), restricted shares (0 and 207, respectively) and restricted stock units (3,589 and 2,460, respectively) outstanding during the period. Net loss attributable to Liberty Oilfield Services Inc. stockholders per common share: Weighted average common shares outstanding: During the second quarter of 2021, the Company entered into a three-year cumulative pre-tax book loss driven primarily by Covid-19 which, applying the interpretive guidance to Accounting Standards Codification Topic 740 - Income Taxes, required the Company to recognize a valuation allowance against certain of the Companys deferred tax assets. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. The results are expected to be released on July 27. Get prepared with the key expectations. Adjusted EBITDA is not presented in accordance with generally accepted accounting principles in the United States (U.S. We are benefiting from increased pricing in 2022, driven by a pass-through of inflationary costs and higher net service pricing. The results are expected to be released on October 27. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Net loss1 (after taxes) totaled $57 million for the fourth quarter of 2021 compared to net loss1 of $39 million in the third quarter of 2021. And delivering next-generation technology for the, the shares are expected to outperform market. Results for the the leading investment research firm focusing on stock research, analysis and recommendations ) stocks.... Any time by visiting your privacy controls name to Liberty Energy Inc. 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