Earnings Outlook For Liberty Energy
Portfolio Pulse from Benzinga Insights
Liberty Energy (NYSE:LBRT) is expected to release its quarterly earnings report on January 24, 2024, with an estimated EPS of $0.57. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LBRT's stock price has reacted to past earnings performances and guidance. The stock was trading at $17.32 as of January 22, with a 52-week increase of 15.18%.
January 23, 2024 | 4:02 pm
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POSITIVE IMPACT
Liberty Energy is anticipated to release its earnings report with an expected EPS of $0.57. Positive past performance and a 15.18% increase over 52 weeks may lead to bullish sentiment among investors.
Given LBRT's history of beating EPS estimates and the subsequent positive stock price reactions, there is a likelihood of a short-term positive impact if they beat the EPS estimate again and provide favorable guidance. The stock's recent performance and the general bullish sentiment of long-term shareholders could further support a positive reaction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100