Earnings Preview: Liberty Oilfield Services (LBRT) Q1 Earnings Expected to Decline

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Liberty Oilfield Services due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Liberty Oilfield Services is expected to report earnings of $0.03 per share, reflecting a significant year-over-year decrease of 93.8$948.83 million, which is an 11.6% decline compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 9.3% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The current Earnings ESP for Liberty Oilfield Services stands at -5.19%, suggesting challenges in meeting consensus estimates [11]. Historical Performance - In the last reported quarter, the company exceeded expectations by posting earnings of $0.10 per share against an estimate of$0.09, resulting in a surprise of +11.11% [12]. - Over the past four quarters, Liberty Oilfield Services has beaten consensus EPS estimates twice [13]. Investment Considerations - The combination of a negative Earnings ESP and a Zacks Rank of 3 makes it difficult to predict an earnings beat for Liberty Oilfield Services [11]. - While an earnings beat can influence stock movement, other factors may also play a significant role in determining stock performance [14][16].