Liberty Energy: Q1 Earnings Insights

Liberty Energy LBRT reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:40 PM.

Here's what investors need to know about the announcement.

Earnings

Liberty Energy beat estimated earnings by 5.88%, reporting an EPS of $0.9 versus an estimate of $0.85.

Revenue was up $469.23 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 0.13% drop in the share price the next day.

Here's a look at Liberty Energy's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.75 0.63 0.19 -0.16
EPS Actual 0.82 0.78 0.55 -0.03
Revenue Estimate 1.20B 1.05B 875.16M 739.13M
Revenue Actual 1.23B 1.19B 942.62M 792.77M

To track all earnings releases for Liberty Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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