Liberty Energy Q3 EPS $0.85 Up From $0.78 YoY, Sales $1.22B Beat $1.14B Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty Energy (NYSE:LBRT) reported Q3 earnings of $0.85 per share, up 8.97% YoY. The company's quarterly sales were $1.22 billion, beating the analyst consensus estimate of $1.14 billion by 6.95% and marking a 2.27% increase over the same period last year.
October 18, 2023 | 8:38 pm
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POSITIVE IMPACT
Liberty Energy's Q3 earnings and sales beat estimates, indicating a positive financial performance.
Liberty Energy's Q3 earnings and sales have exceeded estimates, which is typically a positive signal for investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100