Paterna House / Villa. This information can give you a slight idea of what you might expect for the next quarter's release. Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers (412) 902-6704. alongside a more general view of the financials and future forecast. Click Manage settings for more information and to manage your choices. 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. Total liquidity, including availability under the credit facility, was $222 million as of March 31, 2022. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 8% of the 250 plus Zacks industries. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. Baker Hughes Company BKR is set to report fourth-quarter 2022 results on Jan 23, before the opening bell. 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%. This story was written by Markets Insider's RoboEddy, which automatically writes these stories based on data provided by our partners. 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. Adjusted EBITDA is not presented in accordance with generally accepted accounting principles in the United States (U.S. 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.Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. 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 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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Liberty Energy. 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 replay will be available until May 4, 2022. In addition, the company owns operates two sand mines in the Permian Basin. 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. In keeping with our companys expanded scope, we are updating our name to Liberty Energy. 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. This compares to loss of $0.22 per share a year ago. Liberty Oilfield Services will report earnings from the most recent quarter on April 20. 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. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. 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. 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. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. 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. North American oil and gas are critical in the coming years. This quarterly report represents an earnings surprise of 23.81%. These figures are typically measured against previous quarters/years. So, the shares are expected to outperform the market in the near future. Type a symbol or company name. Get prepared with the key expectations. 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. Zacks Equity Research for This compares to loss of $0.29 per share a year ago. With The Job Market Holding Up, What To Expect From ADPs Q2 Earnings? Best General cleaning services in Paterna, Valencian Community. So, the shares are expected to outperform the market in the near future. 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. Visit Performance Disclosure for information about the performance numbers displayed above. decisions whether to buy, sell, or stay in the company. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. financial data for more than 25 000 publicly traded companies based on our calculated By using the site you agree and are held 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. 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 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%. 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%. 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. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. 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. Sales estimates average $3.37 billion, after the previous year saw $ 2.47 billion. 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. 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. 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). 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%. A live webcast will be available at http://investors.libertyfrac.com. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. 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. 4 Baths. 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. 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. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements. Systematic retrieval of data or other content from StockInvest.us, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent. 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. This compares to loss of $0.22 per share a. Laboratorios Lpez Valero Sl, Ingenieria y Sistemas Hidroknock SL, Cdn Limpiezas, Rentabilitum, S.L., Limpieza de Filtros Navarro, Rusoma Multiservicios Hogar Valencia 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. Earnings reports generally provide an update of all three financial statements, including the income statement, We, Yahoo, are part of the Yahoo family of brands. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. 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. Today, you can download 7 Best Stocks for the Next 30 Days. Watch. The company is expected to report EPS of $0.71, up . Average Capital Employed is the simple average of Total Capital Employed as of December 31, 2021 and 2020. 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 figures are adjusted for non-recurring items. The integration of our acquisitions in 2021 came at a short-term financial cost, but these actions are already paying significant dividends in 2022. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. 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. Revenues. 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. 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 . What's Next for Liberty Oilfield Services? The replay will be available until February 16, 2022. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 11% of the 250 plus Zacks industries. 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. This compares to loss of $0.21 per share a year ago. 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 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. 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. So, the shares are expected to outperform the market in the near future. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. 303-515-2851 Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. 2021 was a record year for Liberty work performed whether measured by revenues, frac stages or pounds of sand pumped. All users should speak with their financial advisor before buying or selling any securities. 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. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Item 1A. 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? Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. 6 Beds. featured in The Global Fintech Index 2020 as the top Fintech company of the country. We acquired OneStim to strengthen our platform and technology portfolio during a downturn to position us for todays rising tide and all future cycles. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. Looking at the earnings report investors can start gauge the financial health of the company and make even better Please read the full disclaimer here. It offers a range of workforce solutions and services, which includes recruitment and assessment, training and development, career management, outsourcing, and workforce consulting. 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. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado. Announces Third Quarter 2022 Financial and Operational Results, Fourth Quarter 2022 Earnings Conference Call, Third Quarter 2022 Earnings Conference Call, View our leaders, Board of Directors, Committees and Governance Documents. (Find current average P/E ratios for all sectors below). You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. 79% of retail CFD accounts lose money, New Oriental Education & Technology Group (EDU) Q2 2023 Earnings Call Transcript. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Announces Timing of Release of Fourth Quarter and Full Year 2022 Financial Results and Conference Call, Liberty Energy Inc. 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. 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. DENVER--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. 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