Liberty Energy Q1 Earnings on Deck: Here's What to Expect

Core Viewpoint - Liberty Energy Inc. (LBRT) is expected to report first-quarter 2025 earnings on April 16, with earnings estimated at 3 cents per share and revenues at $948.8 million, reflecting a significant year-over-year decline in both metrics [1][4]. Group 1: Recent Performance - In the last reported quarter, LBRT's earnings were 10 cents per share, beating the Zacks Consensus Estimate by 1 cent, primarily due to a decrease in costs and expenses year-over-year [3]. - Revenues for the last quarter were$943.6 million, missing the Zacks Consensus Estimate by 3.4% due to soft industry activity [3]. - Over the trailing four quarters, LBRT has beaten the consensus estimate twice and missed it twice, with an average negative surprise of 4.13% [4]. Group 2: Upcoming Quarter Expectations - The Zacks Consensus Estimate for first-quarter 2025 earnings has decreased by 1 cent (25%) to 3 cents per share, indicating a 93.8% year-over-year decline [4]. - Revenue estimates for the upcoming quarter are projected to decline to $919.4 million from$1.1 billion in the previous year, attributed to geopolitical uncertainties, a sluggish completion services market, and lower customer activity levels [5]. - Operating expenses are expected to decrease to $943.4 million, down 1.5$782.7 million to $760.2 million [6]. Group 3: Earnings Prediction Model - The Zacks model does not indicate a conclusive earnings beat for LBRT this time, as the Earnings ESP is -5.19%, which suggests a lower likelihood of exceeding earnings expectations [7][8]. - LBRT currently holds a Zacks Rank of 3, indicating a hold position [9].