Liberty Oilfield Services Inc. Announces Third Quarter 2019 Financial and Operational Results
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Liberty Oilfield Services (LBRT) Misses Q3 EPS by 12c
October 29, 2019 5:14 PM EDTLiberty Oilfield Services (NYSE: LBRT) reported Q3 EPS of $0.15, $0.12 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $515 million versus the consensus estimate of $515.25 million.
Summary Results and Highlights
Revenue of $515 million and net income1 of $19 million, or $0.15 fully diluted earnings per share, for the quarter ended September 30, 2019
Adjusted EBITDA2 of $70 million and annualized Adjusted EBITDA per average active fleet of $12.1 million for the quarter ended September 30, 2019
Revenue of $1.6 billion and net income1 of $93 million, or $0.71 fully diluted earnings per share, for the... More
