A wealth of resources for individual investors is available at www.zacks.com. 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. 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. Business integrations are always challenging, this time exacerbated by Covid-impacted supply chain and difficult labor challenges. This compares to loss of $0.22 per share a year ago. 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. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 8% of the 250 plus Zacks industries. 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. A quarter ago, it was expected that this provider of hydraulic fracturing services would post earnings of $0.18 per share when it actually produced earnings of $0.55, delivering a surprise of 205.56%. 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. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. This information can give you a slight idea of what you might expect for the next quarter's release. 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. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. For more information about Liberty, please contact Investor Relations at IR@libertyfrac.com. The term loan requires only a 1% annual amortization of principal, paid quarterly. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Revenue of $793 million increased 16% sequentially Net loss 1 was $5 million, or $0.03 fully diluted loss per share Adjusted EBITDA 2 of . Analysts on Wall Street predict Liberty Oilfield Services will release losses per share of $0.161. What's Next for Liberty Oilfield Services? Together with our ongoing development of digiFrac electric fleets, these advancements provide customers with differential frac services. 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. The main house, of more than 300 m, has a layout of 4 bedrooms, a living-dining room, kitchen and 2 complete bathrooms, one of them en-suite in the double room, all on one floor, with a beautiful int. 6 Beds. One other stock from the same industry, FMC Technologies (FTI), is yet to report results for the quarter ended June 2022. Zacks Equity Research for The information above includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. DENVER--(BUSINESS WIRE)-- Analysts on Wall Street predict Liberty Oilfield Services will release losses per share of $0.161. 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%. This quarter demonstrated the benefits of our vertical integration strategy as we successfully navigated an operationally challenging environment, commented Chris Wright, Chief Executive Officer. 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. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. In the first quarter, we expect high single digit sequential revenue growth and strong improvement in our margins as integration costs start to fade away. 303-515-2851 Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. 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. In connection with the recognition of a valuation allowance, the Company was also required to remeasure the liability under the tax receivable agreements. 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. 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 earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. Despite good reports, This compares to loss of $0.21 per share a year ago. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. Terms of Use and Privacy Policy. (Find current average P/E ratios for all sectors below). In addition, the company owns operates two s LBRT Profile. 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. 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. This widely-known . Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. In our eleven-year history we have seen two deep downturns, 2015 to 2016 and the recent Covid-induced downturn, and we have executed transformative transactions during both. We, Yahoo, are part of the Yahoo family of brands. stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. 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. 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. 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. 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. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Click Manage settings for more information and to manage your choices. This compares to year-ago revenues of $653.73 million. To read this article on Zacks.com click here. 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. Copyright Liberty Oilfield Services LLC 2023, https://www.businesswire.com/news/home/20220420006083/en/, Integration of PropX logistics and software solutions improved frac operations in the first quarter, Liberty wireline completed the longest-ever lateral length and deepest measured depth well onshore in, Multiple operational pumping records, including 75 hours of continuous plug and perf pump time. Wall Street analysts are expecting the company to report $738.1 million, an increase of over the prior year quarter when the company reported $552.0 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. Liberty 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. The webcast can be accessed for 90 days following the call. Laboratorios Lpez Valero Sl, Ingenieria y Sistemas Hidroknock SL, Cdn Limpiezas, Rentabilitum, S.L., Limpieza de Filtros Navarro, Rusoma Multiservicios Hogar Valencia 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. We entered 2022 with the right people, asset base and strategy to execute in a tightening frac market, and we are pleased to deliver strong first quarter results. 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. North American oil and gas are critical in the coming years. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. 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. 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%. Best Professional Services in Paterna, Valencian Community. NYSE and AMEX data is at least 20 minutes delayed. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. 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