Skip to main content

Liberty Oilfield Services: Q4 Earnings Snapshot

DENVER (AP) — DENVER (AP) — Liberty Oilfield Services Inc. (LBRT) on Wednesday reported fourth-quarter earnings of $13.7 million.

The Denver-based company said it had profit of 8 cents per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.

The provider of hydraulic fracturing services posted revenue of $1.04 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $860.1 million.

For the year, the company reported profit of $147.9 million, or 89 cents per share. Revenue was reported as $4.01 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LBRT at https://www.zacks.com/ap/LBRT

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary