Liberty Energy Q4 EPS $0.54 Misses $0.57 Estimate, Sales $1.07B Miss $1.09B Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty Energy (NYSE:LBRT) reported Q4 earnings of $0.54 per share, missing the consensus estimate of $0.57, and sales of $1.07B, missing the $1.09B estimate. This reflects a decrease from the previous year's earnings and sales.
January 24, 2024 | 9:36 pm
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Liberty Energy reported lower-than-expected Q4 earnings and sales, with a significant decrease compared to last year's figures.
Missing both earnings and sales estimates can lead to negative investor sentiment and a potential decrease in stock price in the short term. The year-over-year decline further emphasizes the company's underperformance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100