Liberty Energy Inc <LBRT.N>: Profits of 75 cents per share anticipated for fourth quarter

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 Liberty Energy Inc <LBRT.N>: Profits of 75 cents per share anticipated for fourth quarter
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23 January 2023 09:34 p.m. All figures in US dollars. Liberty Energy Inc is expected to show an increase in its fourth quarter earnings to 75 cents​ per share according to the mean Refinitiv estimate from nine analysts. Wall Street expects results to range from 62 cents to ​88 cents per share. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". This includes three "Strong Buy", six "Buy", six "Hold". * The average consensus recommendation for the oil related services and equipment peer group is also "Buy". FORECAST CHANGES * Fifteen analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There were no changes to the number of estimates. * In the last four weeks the earnings per share estimate has risen by 0.45 percent from 75 cents. Estimates ranged from a high of 88 cents to a low of 59 cents. There has been no changes to the number of estimates. * The StarMine predicted earnings surprise is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant. * The average price target from the fifteen analysts providing estimates is $21.96. YEAR OVER YEAR * The company is expected to report a rise in revenue to $1.2 billion from $683.74 million in the same quarter last year.The company's guidance on October 20 2022, for the period ended December 31, was for revenue of $683.735 million. * The current quarter consensus estimate of 75 cents per share implies a gain of 314.29 percent from the same quarter last year when the company reported -35 cents per share. * Previous quarterly performance (using preferred earnings measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 0.64 0.90 Beat Jun. 30 2022 0.19 0.55 Beat Mar. 31 2022 -0.15 0.03 Beat Dec. 31 2021 -0.17 -0.35 Missed This summary was machine generated from Refinitiv data January 23 at 09:34 p.m..


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