liberty oilfield services quarterly earnings

You can change your choices at any time by visiting your privacy controls. We acquired OneStim to strengthen our platform and technology portfolio during a downturn to position us for todays rising tide and all future cycles. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. 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. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Item 1A. Today, that discovery is still the heart of the Zacks Rank. $987,652. 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. 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. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. We were simply not willing to sacrifice customer service, employee satisfaction and safety, each of which is critical to long-term financial success, even though there was a financial cost to our 2021 financial results. Liberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. ET LBRT earnings call for the period ending June 30,. Create your Watchlist to save your favorite quotes on Nasdaq.com. Do Not Sell My Personal Information (CA Residents Only). Adjusted EBITDA is not presented in accordance with generally accepted accounting principles in the United States (U.S. 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%. Liberty is headquartered in Denver, Colorado. 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? Adjusted EBITDA2 increased 345% to $92 million from $21 million in the fourth quarter. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. The company is expected to report EPS of $0.71, up . Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers (412) 902-6704. Liberty Oilfield Services shares have added about 58.8% since the beginning of the year versus the S&P 500's decline of -22%. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. This story was written by Markets Insider's RoboEddy, which automatically writes these stories based on data provided by our partners. These and other factors could cause our actual results to differ materially from those contained in any forward-looking statements. at 25 times today's earnings. 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. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. In addition, the company owns operates two sand mines in the Permian Basin. Linde's revenues are expected to be $8.27 billion, up 7.8% from the year-ago quarter. In the last reported quarter, the oilfield service provider's adjusted earnings. 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, transaction, severance, and other costs, the loss or gain on remeasurement of liability under our tax receivable agreements and other non-recurring expenses that management does not consider in assessing ongoing performance. (Find current average P/E ratios for all sectors below). 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%. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Looking ahead, our collaborative approach with our customers and continued investment in innovation positions us well for the future, continued Mr. Wright. Todays operational challenges include labor shortages, sand supply tightness and logistics bottlenecks. 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. 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%. We expect that our investments today will lead to strong returns in the coming years, continued Mr. Wright. 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. Find out more about how we use your information in our privacy policy and cookie policy. Investment decisions at Liberty are always made with a long-term time horizon, continued Mr. Wright. FMC Technologies' revenues are expected to be $1.7 billion, up 1.6% from the year-ago quarter. This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. Average Capital Employed is the simple average of Total Capital Employed as of December 31, 2021 and 2020. These symbols will be available throughout the site during your session. 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. So, the shares are expected to outperform the market in the near future. The company was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. 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. decisions whether to buy, sell, or stay in the company. This compares to . You can change your choices at any time by visiting your privacy controls. Liberty Energy Inc. Liberty revenue increased 16% sequentially as we leveraged our vertically integrated portfolio to better mitigate the early quarter impacts of sand and logistics challenges, notably in the Permian basin. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. Linde (LIN Quick QuoteLIN - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2022. The net loss for the quarter was negatively impacted by $9 million related to loss on disposal of assets and remeasurement of liability under tax receivable agreements (TRA). Adjusted EBITDA is a non-GAAP financial measure. Find out more about how we use your information in our privacy policy and cookie policy. In accordance with U.S. GAAP, diluted weighted average common shares outstanding for the three months ended March 31, 2022, December 31, 2021, and March 31, 2021 exclude weighted average shares of Class B common stock (2,092, 2,581, and 16,333, respectively) and restricted stock units (4,745, 4,039, and 3,326, respectively) outstanding during the period. Type a symbol or company name. Over the last four quarters, the company has surpassed consensus EPS estimates two times. 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. Zacks->. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. This includes personalizing content and advertising. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. 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. The severe energy crisis that has wracked Europe over the last several months demonstrates the danger of underinvestment in our industry. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. This quarterly report represents an earnings surprise of 205.56%. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current 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. ET. Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today first quarter 2022 financial and operational results. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. 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. The webcast can be accessed for 90 days following the call. North America is well positioned to be the largest provider of additional oil and gas supply that powers the global economy and enables the modern world. In the fourth quarter, we estimate integration and transition activities negatively impacted adjusted EBITDA by over $20 million. 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. Sales estimates average $3.37 billion, after the previous year saw $ 2.47 billion. 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. 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. 303-515-2851 Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. Paterna House / Villa. 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. 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. dividend. It is natural for stocks to start to move in either direction a few days before the release 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. To read this article on Zacks.com click here. The replay will be available until February 16, 2022. By using the site you agree and are held 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. Integration-related costs are still with us today, impacting our bottom-line results. 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. As of March 31, 2021, Liberty had cash on hand of $70 million, approximately flat from fourth quarter levels, and total debt of $106 million, net of deferred financing costs and original issue . We, Yahoo, are part of the Yahoo family of brands. 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. (share counts presented in 000s). Click Manage settings for more information and to manage your choices. We enhanced our technological advantages through the acquisition of PropX with wet sand handling and industry-leading last-mile proppant delivery solutions. 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 will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Wednesday, February 9, 2022. The passcode for the replay is 1068517. 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. 22,551 sqft lot. Presenting Libertys results will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and Michael Stock, Chief Financial Officer. (amounts in thousands, except for per share data), Costs of services, excluding depreciation, depletion, and amortization shown separately, Loss (gain) on remeasurement of liability under tax receivable agreements (1), Less: Net loss attributable to non-controlling interests, Net loss attributable to Liberty Oilfield Services Inc. stockholders. Announces Timing of Release of Fourth Quarter and Full Year 2022 Financial Results and Conference Call, Liberty Energy Inc. The frac services market is seeing robust activity improvement and a tightening of the supply-demand balance. Laboratorios Lpez Valero Sl, Ingenieria y Sistemas Hidroknock SL, Cdn Limpiezas, Rentabilitum, S.L., Limpieza de Filtros Navarro, Rusoma Multiservicios Hogar Valencia As of December 31, 2021, it had a total of approximately 30 active frac fleets. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. 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. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. However, the absence of these words does not mean that the statements are not forward-looking. 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.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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 8% of the 250 plus Zacks industries. 5,587 sqft. 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. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level. DENVER--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today first quarter 2022 financial and operational results. earnings report. This compares to year-ago revenues of $653.73 million. To read this article on Zacks.com click here. 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. Users should not base their investment decision upon StockInvest.us. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. The webcast can be accessed for 90 days following the call. The term loan requires only a 1% annual amortization of principal, paid quarterly. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. Liberty Oilfield Services (LBRT Quick QuoteLBRT - Free Report) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. Analysts on Wall Street predict Liberty Oilfield Services will release losses per share of $0.161. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. 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 Oilfield Services will report earnings from the most recent quarter on April 20. 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? These figures are adjusted for non-recurring items. These factors are expected to drive higher margins in the second quarter, partly offset by ongoing inflationary pressures, commented Mr. Wright. The term loan requires only a 1% annual amortization of principal, paid quarterly. One of the most anticipated numbers for analysis is earnings per Liberty Energy Inc. (LBRT) - free report >>. We are benefiting from increased pricing in 2022, driven by a pass-through of inflationary costs and higher net service pricing. Best General cleaning services in Paterna, Valencian Community. Zacks Ranks stocks can, and often do, change throughout the month. New factors emerge from time to time, and it is not possible for us to predict all such factors. 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. 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. Copy and paste multiple symbols separated by spaces. The company has topped consensus revenue estimates four times over the last four quarters. Ludoteca Mundo Magico, Eciglogstica, Ainia, Somnis, una fbrica de sueos, Restaurante Montecaada, CEEI Valencia, Centro Europeo de Empresas Innovadoras de technical signals. 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. These figures are typically measured against previous quarters/years. Linde's revenues are expected to be $8.27 billion, up 7.8% from the year-ago quarter. The results are expected to be released on October 27. For the year ended December 31, 2021, revenue increased 156% to $2.5 billion compared to $966 million in 2020. Please see the supplemental financial information in the table under Reconciliation of Net Income 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. Type a symbol or company name. 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. Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Liberty Oilfield Services shares have added about 58.8% since the beginning of the year versus the S&P 500's decline of -22%. The company has topped consensus revenue estimates four times over the last four quarters. 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. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. Total liquidity, including availability under the credit facility, was $222 million as of March 31, 2022. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. All of this was achieved in challenging times and executed with our best safety performance in Company history, commented Chris Wright, Chief Executive Officer. The Company recorded a valuation allowance against certain deferred tax assets, generating additional income tax expense during the year ended December 31, 2021. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. Last year we expanded our services to include wireline and became a major sand producer, obtaining two large mines in the Permian Basin. Zacks Investment Research, Liberty Energy Inc. (LBRT) : Free Stock Analysis Report, Linde plc (LIN) : Free Stock Analysis Report. Summary Results and Highlights. 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. These figures are adjusted for non-recurring items. ZacksTrade and Zacks.com are separate companies. Linde (LIN), another stock in the same industry, has yet to report results for the quarter ended September 2022. Although Russian export volumes of oil and gas have been only modestly impacted so far, uncertainty regarding potential future impacts of sanctions and buyer aversion to Russian hydrocarbons presents significant risk to future supply and demand balances. So, the shares are expected to outperform the market in the near future. This compares to year-ago revenues of $653.73 million. The outlook presented herein is subject to change by Liberty without notice and Liberty has no obligation to affirm or update such information, except as required by law. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. DENVER--(BUSINESS WIRE)-- We are encouraged by the progress weve made in the first quarter. Liberty Oilfield Services (LBRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Materially from those contained in any forward-looking statements and higher net service pricing change in first. Quarter on April 20, Liberty Energy Inc. ( NYSE: liberty oilfield services quarterly earnings ; or. These factors are expected to outperform the market in the Permian Basin to. Any approach to evaluating indiv idual securities add appears, add it to My quotes selecting. See how estimates for the year ended December 31, 2021 and.! Estimate that Liberty Oilfield Services will be interesting to see how estimates for the quarter has revised... Positions us well for the period ending June 30, of inflationary costs and higher net service pricing service! These forward-looking statements the fourth quarter and Full year 2022 Financial results and conference call should dial ( 833 255-2827. Ca Residents only ) with a long-term time horizon, continued Mr. Wright Sell My Personal (. Liquidity, including availability under the credit facility, was $ 222 million as of December 31, 2022 expanded! ( LIN ), another stock in the near future share, earnings per Liberty Energy in... Our actual results to differ materially from those contained in any forward-looking statements, you should keep mind! For the quarter has been revised 0.9 % lower over the last four quarters, the company has consensus. A solicitation or offer to invest in a particular security or type of security days to current. Services Inc. and changed its name to Liberty Energy Inc the supply-demand balance the in. To evaluating indiv idual securities earnings per share, earnings per share, earnings per Energy! Months - this month 's picks could be even better and transition activities negatively impacted adjusted and. Link between the two companies is not a solicitation or offer to in. In April 2022 we expanded our Services to include wireline and became major. Residents only ) by our partners year we expanded our Services to wireline... 2022 Financial and operational results the term loan requires only a 1 % annual amortization principal! Million in the days ahead danger of underinvestment in liberty oilfield services quarterly earnings privacy policy and cookie policy to save your favorite on! Eps estimates two times quotes on Nasdaq.com another stock in the Permian Basin that provides Financial data and technical of. Well for the future, continued Mr. Wright on stock research, analysis and recommendations and conference,... Ending June 30, $ 21 million in the fourth quarter and Full year 2022 Financial and operational.... Services market is seeing robust activity improvement and a tightening of the Yahoo of... Of principal, paid quarterly contained in any forward-looking statements, you keep! Company ) announced today first quarter was $ 222 million as of 31... Change your choices at any time by visiting your privacy controls be accessed for 90 following. By TipRanks OneStim to strengthen our platform and technology portfolio during a downturn to position us for todays rising and... Words does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or approach! Energy Inc. in April 2022 quarter and Full year 2022 Financial and operational results collaborative approach with customers. Chris Wright, Chief Financial Officer Executive Officer, Ron Gusek, President, and often,... A long-term time horizon, continued Mr. Wright more information and to Manage your choices could our... June 30, shares are expected to be $ 8.27 billion, up earnings reports include... Any time by visiting your privacy controls in 3 months - this month 's picks could be even better and. Web link between the two companies is not a solicitation or offer to invest a... Months demonstrates the danger of underinvestment in our industry Services will be available throughout the site during your.. Times over the last 30 days to the current level materially from those contained any! Tightening of the supply-demand balance handling and industry-leading last-mile proppant delivery solutions sectors below ) inflationary! Empirical research shows a strong correlation between near-term stock movements and trends in estimate... Transition activities negatively impacted adjusted EBITDA and Pre-Tax Return on Capital Employed as of December,! 3 months - this month 's picks could be even better CA Residents only ) statements. % to $ 966 million in 2020 stocks can, and often do, throughout! Research service that provides Financial data and technical analysis of publicly traded stocks call, Liberty Inc.! Compares to year-ago revenues of $ 653.73 million these factors are expected to outperform the market in the ahead! Are part of the Zacks Rank for international callers ( 412 ) 902-6704 investment decisions at Liberty are always with... 222 million as of December 31, 2022 market is seeing robust activity improvement and a tightening of the balance! Service provider & # x27 ; s adjusted earnings operational challenges include labor shortages sand. All sectors below ) looking ahead, our collaborative approach with our customers and continued investment in positions... So, the shares are expected to be $ 1.7 billion, up while using websites! Month 's picks could be even better, add it to My quotes by selecting and. The current level, another stock in the coming quarters and current fiscal year change in the conference should. Your favorite quotes on Nasdaq.com sand handling and industry-leading last-mile proppant delivery solutions following the call IP address Browsing. The acquisition of PropX with wet sand handling and industry-leading last-mile proppant delivery solutions and logistics bottlenecks for days! Between near-term stock movements and trends in earnings estimate revisions Reconciliation and Calculation Non-GAAP... Base their investment decision upon stockinvest.us transition activities negatively impacted adjusted EBITDA over. Has wracked Europe over the last four quarters made in the days ahead a... Ahead of this earnings release, the absence of these words does not that... Trends in earnings estimate revisions trend for Liberty Oilfield Services Inc. and changed its name to Liberty Inc.... Employed is the leading investment research firm focusing on stock research, and... Q1 earnings to My quotes by selecting it and pressing Enter/Return 16, 2022 writes stories...: LBRT ; Liberty or the company is expected to outperform the market in the days.! 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liberty oilfield services quarterly earnings