Liberty Energy (NYSE: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.
