Restrained global investment since the last oil and gas downturn has led to supply challenges at a time where worldwide demand for energy is growing and expected to surpass pre-pandemic levels in 2022. This information can give you a slight idea of what you might expect for the next quarter's release. NASDAQ data is at least 15 minutes delayed. Average Capital Employed is the simple average of Total Capital Employed as of March 31, 2022 and 2021. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. October 19, 2022, LIN Quick QuoteLIN LBRT Quick QuoteLBRT. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. We also set many operational records during 2021. 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. 303-515-2851 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. 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. Liberty Oilfield Services will report earnings from the most recent quarter on April 20. The modest, below stated plan, increases in OPEC supply and release of global emergency oil reserves are simply not enough to supply a rebounding world economy. However, the absence of these words does not mean that the statements are not forward-looking. ET LBRT earnings call for the period ending June 30,. Factors Likely to Affect Procter & Gamble's (PG) Q2 Earnings, : Virgin Galactic confirms space-tourism flights on track for Q2, Earnings Preview: Procter & Gamble (PG) Q2 Earnings Expected to Decline, Tilray Brands (TLRY) Q2 2023 Earnings Call Transcript, Tilray Brands, Inc. (TLRY) Reports Q2 Loss, Misses Revenue Estimates, Registration on or use of this site constitutes acceptance of our. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. We continue to invest in the early part of this cycle, to grow our competitive advantage and capitalize on strategic opportunities to benefit our shareholders over the long term, continued Mr. Wright. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. We enhanced our technological advantages through the acquisition of PropX with wet sand handling and industry-leading last-mile proppant delivery solutions. technical signals. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. Type a symbol or company name. of an earnings report. 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. As of December 31, 2021, Liberty had cash on hand of $20 million and total debt of $122 million, including $18 million drawn on the ABL credit facility, net of deferred financing costs and original issue discount. 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. Laboratorios Lpez Valero Sl, Ingenieria y Sistemas Hidroknock SL, Cdn Limpiezas, Rentabilitum, S.L., Limpieza de Filtros Navarro, Rusoma Multiservicios Hogar Valencia For the last reported quarter, it was expected that Liberty Oilfield Services would post a loss of $0.06 per share when it actually produced earnings of $0.02, delivering a surprise of +133.33%. Liberty Oilfield Services (NYSE:LBRT) is set to give its latest quarterly earnings report on Wednesday, 2022-10-19. The current consensus EPS estimate is $0.55 on $1.06 billion in revenues for the coming quarter and $1.79 on $3.84 billion in revenues for the current fiscal year. This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. If you wish to go to ZacksTrade, click OK. 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. 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. Find out more about how we use your information in our privacy policy and cookie policy. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 205.56%. 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. Our many technical innovations and investment in vertical integration sets us up nicely to continue creating additional value for our customers and Liberty. 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. Risk Factors included in our Annual Report on Form 10-K for the year ended December 31, 2020 as filed with the SEC on February 24, 2021 and in our other public filings with the SEC. The report will also indicate a possible 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%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.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%. Risk Factors included in our Annual Report on Form 10-K for the year ended December 31, 2021 as filed with the SEC on February 22, 2022 and in our other public filings with the SEC. We, Yahoo, are part of the Yahoo family of brands. The company has topped consensus revenue estimates four times over the last four quarters. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in Liberty's filings with the Securities and Exchange Commission. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. DENVER--(BUSINESS WIRE)-- 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. New factors emerge from time to time, and it is not possible for us to predict all such factors. 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. Liberty Oilfield Services (LBRT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.16. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? A wealth of resources for individual investors is available at www.zacks.com. 79% of retail CFD accounts lose money, New Oriental Education & Technology Group (EDU) Q2 2023 Earnings Call Transcript. Revenues are . 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. For the fourth quarter of 2021, revenue increased 5% to $684 million from $654 million in the third quarter of 2021. As of December 31, 2021, it had a total of approximately 30 active frac fleets. We are excited for the opportunity ahead and are investing to build truly differential competitive advantages in frac fleet technology, digital systems, and logistics optimization bolstered by the PropX acquisition. This quarterly report represents an earnings surprise of 23.81%. You can change your choices at any time by visiting your privacy controls. Operating and finance lease right-of-use assets, Current portion of operating and finance lease liabilities, Current portion of long-term debt, net of discount, Long-term operating and finance lease liabilities, Payable pursuant to tax receivable agreements, Accumulated other comprehensive income (loss), Reconciliation and Calculation of Non-GAAP Financial and Operational Measures, Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA, Depreciation, depletion, and amortization, Loss (gain) on remeasurement of liability under tax receivable agreements, Calculation of Pre-Tax Return on Capital Employed. 5,587 sqft. Here's what investors need to know before the announcement. The results are expected to be released on July 27.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%. The term loan requires only a 1% annual amortization of principal, paid quarterly. 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. The results are expected to be released on October 27. What's Next for Liberty Oilfield Services? Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Get prepared with the key expectations. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. Is your stock priced above or below the average P/E ratio? This compares to. This provider of hydraulic fracturing services is expected to post quarterly earnings of $0.71 per share in its upcoming report, which represents a year-over-year change of +336.7%. Please see the supplemental financial information in the table under Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA at the end of this earnings release for a reconciliation of the non-GAAP financial measure of Adjusted EBITDA to its most directly comparable GAAP financial measure. So, the shares are expected to outperform the market in the near future. Visit www.zacksdata.com to get our data and content for your mobile app or website. 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. Liberty Oilfield Services Inc. Market Cap $2B Today's Change (7.39%) $0.95 Current Price $13.80 Price as of July 26, 2022, 4:00 p.m. In 2021, the focus was the integration of OneStim and its customers into Liberty. While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? FMC Technologies' revenues are expected to be $1.7 billion, up 1.6% from the year-ago quarter. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. It also offers hydraulic fracturing pressure pumping services, including pressure pumping and pumpdown perforating services, as well wireline services, proppant delivery solutions, data analytics, related goods and technologies. These forward-looking statements are identified by their use of terms and phrases such as may, expect, estimate, outlook, project, plan, position, believe, intend, achievable, anticipate, will, continue, potential, likely, should, could, and similar terms and phrases. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. price of the stock. These figures are typically measured against previous quarters/years. Total liquidity, including availability under the credit facility, was $269 million. Liberty has focused on finding the right long-term partnerships for the coming years and has been very disciplined in holding our active frac fleet count steady until returns are strong. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. The company is expected to report EPS of $0.71, up . This compares to loss of $0.29 per share a year ago. 6 Beds. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 8% of the 250 plus Zacks industries. An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. For the first quarter of 2022, revenue increased 16% to $793 million from $684 million in the fourth quarter of 2021. 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. To read this article on Zacks.com click here. Visit Performance Disclosure for information about the performance numbers displayed above. 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%. 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. Forward-Looking and Cautionary Statements. Liberty Oilfield Services (LBRT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Sales estimates average $3.37 billion, after the previous year saw $ 2.47 billion. 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