What to Expect from Liberty Energy's Earnings
Portfolio Pulse from Benzinga Insights
Liberty Energy (NYSE:LBRT) is set to release its quarterly earnings on October 16, 2024, with analysts expecting an EPS of $0.61. The company's past performance shows mixed results, with a recent trend of positive share price reactions despite EPS misses. Analysts maintain a 'Buy' rating with a price target suggesting an 18.81% upside. Liberty Energy faces challenges with negative revenue growth but shows strong net margin and ROE compared to peers.
October 15, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Liberty Energy is expected to announce its earnings with an anticipated EPS of $0.61. Despite past EPS misses, the stock has shown positive price reactions. Analysts maintain a 'Buy' rating with a potential 18.81% upside, indicating positive sentiment.
Liberty Energy's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $0.61. The stock has historically reacted positively to earnings announcements, even when EPS estimates were missed. The 'Buy' rating and price target suggest positive market sentiment, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100