Workflow
Liberty Oilfield Services (LBRT) Tops Q2 Earnings Estimates
LBRTLiberty Energy (LBRT) ZACKS·2024-07-17 22:56

This quarterly report represents an earnings surprise of 1.67%. A quarter ago, it was expected that this provider of hydraulic fracturing services would post earnings of 0.54persharewhenitactuallyproducedearningsof0.54 per share when it actually produced earnings of 0.48, delivering a surprise of -11.11%. While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Empirical research shows a strong correlation between near-term stock movements and trends in ...