Liberty Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Liberty Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Liberty Energy Inc LBRT.N reported quarterly adjusted earnings of 30 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -12 cents to 10 cents per share.
Revenue rose 14% to $1.19 billion from a year ago; analysts expected $1.08 billion.
Liberty Energy Inc's reported EPS for the quarter was 26 cents.
The company reported quarterly net income of $43.12 million.
Liberty Energy Inc shares had fallen by 5.0% this quarter and gained 34.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 152.5% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"
Wall Street's median 12-month price target for Liberty Energy Inc is $35.00, about 28.2% above its last closing price of $25.14
This summary was machine generated from LSEG data July 22 at 10:27 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.04 | 0.30 | Beat |
Mar. 31 2026 | -0.13 | 0.14 | Beat |
Dec. 31 2025 | -0.15 | 0.08 | Beat |
Sep. 30 2025 | -0.02 | 0.26 | Beat |
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