Liberty Oilfield Services (NYSE:LBRT) posted its earnings results on Monday, March 12th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.36), Briefing.com reports. The firm had revenue of $449.00 million for the quarter, compared to analyst estimates of $444.84 million.
LBRT traded up $0.56 on Thursday, hitting $17.77. 371,146 shares of the company were exchanged, compared to its average volume of 630,010. Liberty Oilfield Services has a fifty-two week low of $16.00 and a fifty-two week high of $23.78. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.34 and a current ratio of 1.60.
In other Liberty Oilfield Services news, Director Energy Part Riverstone/Carlyle sold 300,541 shares of the company’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $16.07, for a total value of $4,829,693.87. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
WARNING: “Liberty Oilfield Services (LBRT) Releases Quarterly Earnings Results, Misses Estimates By $0.36 EPS” was first posted by BBNS and is owned by of BBNS. If you are viewing this article on another publication, it was illegally stolen and republished in violation of US and international copyright and trademark laws. The original version of this article can be viewed at https://baseballnewssource.com/2018/04/05/liberty-oilfield-services-lbrt-issues-quarterly-earnings-results/2027293.html.
Liberty Oilfield Services Company Profile
Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. It has 19 active fleets. The company provides its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin.
Receive News & Ratings for Liberty Oilfield Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Oilfield Services and related companies with MarketBeat.com's FREE daily email newsletter.