On Wednesday 16th October 2024, Liberty Energy (NYSE: LBRT) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
As per the predictions of financial analysts on Wall Street, the company is set to report an estimated per share $0.59 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $1.15 billion for the period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.85. This was a direct result of the company's total revenue, which amounted to an impressive $1.22 billion during that specific period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $4.48 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $2.22 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.61 | -29.9% | 1.16 B | -2.9% |
| Q1 2024 | $0.48 | -46.7% | 1.07 B | -15.0% |
| Q4 2023 | $0.54 | -34.1% | 1.08 B | -12.3% |
| Q3 2023 | $0.85 | +9.0% | 1.22 B | +2.4% |
| Q2 2023 | $0.87 | +58.2% | 1.20 B | +26.8% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 17th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.
Liberty Energy (LBRT) closed Monday's regular trading session at $20.41, showing a 0.2 percent decline. The stock fluctuated between $20.10 and $20.47 during the day, with a volume of 1.87 million shares.