Equities analysts expect Liberty Oilfield Services Inc (NYSE:LBRT) to announce sales of $483.41 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Liberty Oilfield Services’ earnings, with the lowest sales estimate coming in at $483.00 million and the highest estimate coming in at $483.81 million. The business is scheduled to issue its next earnings report after the market closes on Monday, May 7th.
On average, analysts expect that Liberty Oilfield Services will report full year sales of $2.29 billion for the current financial year, with estimates ranging from $2.28 billion to $2.31 billion. For the next year, analysts anticipate that the company will post sales of $2.65 billion per share, with estimates ranging from $2.47 billion to $2.83 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Liberty Oilfield Services.
Liberty Oilfield Services (NYSE:LBRT) last released its quarterly earnings data on Monday, March 12th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.36). The company had revenue of $449.00 million during the quarter, compared to the consensus estimate of $444.84 million.
Liberty Oilfield Services stock opened at $19.04 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.34 and a current ratio of 1.60. Liberty Oilfield Services has a one year low of $16.00 and a one year high of $23.78. The firm has a market cap of $2,208.82 and a P/E ratio of 21.64.
In other Liberty Oilfield Services news, Director Energy Part Riverstone/Carlyle sold 300,541 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $16.07, for a total value of $4,829,693.87. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
About Liberty Oilfield Services
Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. It has 19 active fleets. The company provides its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin.
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