Liberty Oilfield Services Inc. Announces Third Quarter 2018 Financial and Operational Results

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Liberto, Inc. (LBRT) Misses Q3 EPS by 7c

October 30, 2018 4:49 PM EDT

Liberto, Inc. (NYSE: LBRT) reported Q3 EPS of $0.49, $0.07 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $559 million versus the consensus estimate of $592.49 million.

Outlook

Working in concert with customers, Liberty continues to drive innovation and operational efficiency across the entire fleet. This performance translates to strong demand for Libertys high efficiency fleets that deliver differential frac services. Premium service quality, coupled with basin and customer diversity, positions the Company to believe that it will continue to generate strong returns on capital employed regardless of how the... More