liberty oilfield services quarterly earnings

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. The transformative work our team accomplished in 2021 positions us well as our industry begins an upcycle driven by rapidly tightening markets for oil & gas. 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. These symbols will be available throughout the site during your session. So, the shares are expected to outperform the market in the near future. featured in The Global Fintech Index 2020 as the top Fintech company of the country. For the fiscal year, analysts expect a profit per share of $0.023, compared to $-1.014 in the same period last year. Revenues are . 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. 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. financial data for more than 25 000 publicly traded companies based on our calculated This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. We define Adjusted EBITDA as EBITDA adjusted to eliminate the effects of items such as non-cash stock based compensation, new fleet or new basin start-up costs, fleet lay-down costs, costs of asset acquisitions, gain or loss on the disposal of assets, bad debt reserves and non-recurring expenses that management does not consider in assessing ongoing performance. All statements, other than statements of historical facts, included herein concerning, among other things, the deployment of fleets in the future, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, return of capital to stockholders, business strategy and objectives for future operations, are forward-looking statements. This compares to year-ago revenues of $581.29 million. 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. These factors are expected to drive higher margins in the second quarter, partly offset by ongoing inflationary pressures, commented Mr. Wright. at 25 times today's earnings. 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. liable for your own investment decisions and agree to the The company has topped consensus revenue estimates four times over the last four quarters.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 shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of -16.9%.What's Next for Liberty Oilfield Services?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?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. Ludoteca Mundo Magico, Eciglogstica, Ainia, Somnis, una fbrica de sueos, Restaurante Montecaada, CEEI Valencia, Centro Europeo de Empresas Innovadoras de LBRT Quick Quote. 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. Liberty is headquartered in Denver, Colorado. GAAP). This compares to loss of $0.29 per share a. However, the prize was large and our team worked in overdrive to bring nearly 2,000 new team members into Liberty while continuing to deliver superior service performance to all of our customers, both legacy and new. ET LBRT earnings call for the period ending June 30,. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. The company has topped consensus revenue estimates four times over the last four quarters. Available frac capacity is nearing full utilization as demand has increased and supply is limited due to continued equipment attrition, labor shortages, supply chain constraints and very low investment in recent years. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado. Non-GAAP financial and operational measures do not have any standardized meaning and are therefore unlikely to be comparable to similar measures presented by other companies. Type a symbol or company name. Net loss1 (after taxes) totaled $5 million for the first quarter of 2022 compared to net loss1 (after taxes) of $57 million in the fourth quarter of 2021. 303-515-2851 Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. 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. Adjusted EBITDA is not presented in accordance with generally accepted accounting principles in the United States (U.S. In the last reported quarter, the oilfield service provider's adjusted earnings. 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%. This information can give you a slight idea of what you might expect for the next quarter's release. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: We enhanced our technological advantages through the acquisition of PropX with wet sand handling and industry-leading last-mile proppant delivery solutions. Do Not Sell My Personal Information (CA Residents Only). LBRT - Free Report) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. 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.One other stock from the same industry, FMC Technologies (FTI), is yet to report results for the quarter ended June 2022. This compares to loss of $0.22 per share a. Fully diluted loss per share was $0.31 for the fourth quarter of 2021, a decrease from $0.22 for the third quarter of 2021. Chief Financial Officer Looking ahead, our collaborative approach with our customers and continued investment in innovation positions us well for the future, continued Mr. Wright. Zacks Investment Research, Plus500. Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. The webcast can be accessed for 90 days following the call. Looking at the earnings report investors can start gauge the financial health of the company and make even better Net loss1 (after taxes) totaled $187 million for the year ended December 31, 2021 compared to net loss1 of $161 million for the year ended December 31, 2020. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. Baker Hughes Company BKR is set to report fourth-quarter 2022 results on Jan 23, before the opening bell. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. price of the stock. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The integration of our acquisitions in 2021 came at a short-term financial cost, but these actions are already paying significant dividends in 2022. Liberty Energy Inc. Investment decisions at Liberty are always made with a long-term time horizon, continued Mr. Wright. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. Real time prices by BATS. Linde's revenues are expected to be $8.27 billion, up 7.8% from the year-ago quarter. Here's what investors need to know before the announcement. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Find out more about how we use your information in our privacy policy and cookie policy. Pre-tax Return on Capital Employed is the ratio of pre-tax net loss for the twelve months ended December 31, 2021 to Average Capital Employed. Energy enables everything we do, and our passion is to energize the world. 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 capital expenditures presented above include investing cash flows from purchase of property and equipment, excluding acquisition, net of proceeds from the sales of assets. Create your Watchlist to save your favorite quotes on Nasdaq.com. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. 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. Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today first quarter 2022 financial and operational results. Liberty will host a conference call to discuss the results at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time) on Thursday, April 21, 2022. 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. You can change your choices at any time by visiting your privacy controls. The passcode for the replay is 6679552. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. 2021 was a record year for Liberty work performed whether measured by revenues, frac stages or pounds of sand pumped. This widely-known . A wealth of resources for individual investors is available at www.zacks.com. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. This compares to loss of $0.29 per share a year ago. Copy and paste multiple symbols separated by spaces. 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. 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. 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. DENVER--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today first quarter 2022 financial and operational results. Participants should ask to join the Liberty Oilfield Services call. 79% of retail CFD accounts lose money, Liberty Oilfield Services (LBRT) Stock Sinks As Market Gains: What You Should Know, Liberty Oilfield Services (LBRT) Gains But Lags Market: What You Should Know, Liberty Oilfield Services (LBRT) Upgraded to Strong Buy: Here's What You Should Know, Wall Street Analysts Believe Liberty Oilfield Services (LBRT) Could Rally 48.17%: Here's is How to Trade, Liberty Oilfield Services (LBRT) Is Attractively Priced Despite Fast-paced Momentum, Morgan Stanley Keeps Their Buy Rating on Liberty Oilfield Services (LBRT), Here's Why Liberty Oilfield Services (LBRT) is a Strong Growth Stock, Registration on or use of this site constitutes acceptance of our. This quarterly report represents an earnings surprise of 23.81%. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. 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? Non-GAAP financial and operational measures do not have any standardized meaning and are therefore unlikely to be comparable to similar measures presented by other companies. Please refer to the reconciliation of Adjusted EBITDA (a non-GAAP measure) to net income (a GAAP measure) in this earnings release. Sell My Personal information ( CA Residents Only ) list of today 's Zacks # 1 Rank ( Buy. Resources for individual investors is available at www.zacks.com the period ending June 30, 8.27 billion, 7.8! Call for the next quarter 's release My Personal information ( CA Residents Only ) of today Zacks! Quotes on Nasdaq.com giving investors a trading advantage led to the creation of our acquisitions 2021! The opening bell list of today 's Zacks # 1 favorite stock gain! 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