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Liberty Oilfield Services: Q1 Earnings Snapshot

DENVER (AP) — DENVER (AP) — Liberty Oilfield Services Inc. (LBRT) on Wednesday reported first-quarter net income of $22.6 million.

On a per-share basis, the Denver-based company said it had net income of 14 cents. Earnings, adjusted for investment gains, came to 6 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

The provider of hydraulic fracturing services posted revenue of $1.02 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $948.7 million.

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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

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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.
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