Liberty Energy -Liberty Oilfield Services (LBRT) Q1 Earnings and Revenues Beat Estimates

Core Viewpoint - Liberty Oilfield Services reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of$ 0.03 per share, but down from $0.48 per share a year ago [1][2] Earnings Performance - The earnings surprise for the quarter was 33.33%, with the company previously expected to post earnings of$ 0.09 per share but actually reporting $0.10 per share, resulting in an 11.11% surprise [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Revenue Performance - The company posted revenues of$ 977.46 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.45%, but down from $1.07 billion in the same quarter last year [3] - Liberty Oilfield Services has topped consensus revenue estimates only once in the last four quarters [3] Stock Performance - Shares of Liberty Oilfield Services have declined approximately 42.7% since the beginning of the year, compared to a decline of 8.3% for the S&P 500 [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.12 on revenues of $989.02 million, and for the current fiscal year, it is$ 0.49 on revenues of $3.99 billion [8] - The outlook for the industry, particularly the Oil and Gas - Field Services sector, is currently in the top 37% of Zacks industries, suggesting a favorable environment for stock performance [9]