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, were 5 cents per share.
The results beat 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.
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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