Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Liberty Oilfield Services (LBRT)
NYSE:LBRT
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 16, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.08Last Year’s EPS
0.48Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 29, 2025
|% Change Since: -14.76%
|Next Earnings Date:Apr 16, 2025
Earnings Call Sentiment|Neutral
Despite facing revenue and adjusted EBITDA declines due to market headwinds, Liberty Energy showcased strong financial performance, technological advancements, and strategic expansion into power generation. The company maintained solid shareholder returns and set operational records, positioning itself for future growth. However, increased capital expenditures and market challenges present ongoing concerns.Company Guidance
During the fourth quarter and full year 2024 earnings call, Liberty Energy outlined their strategic guidance and financial performance metrics. The company reported revenue of $4.3 billion, net income of $316 million, and adjusted EBITDA of $922 million for the year. They achieved a return on capital employed of 17% and a cash return on capital invested of 21%, surpassing the 13-year S&P average. Liberty Energy highlighted their focus on technological innovation and fleet transition initiatives, leading to operational records. They forecast a modest sequential increase in revenue and adjusted EBITDA in the first quarter of 2025, with anticipated full-year adjusted EBITDA between $700 million and $750 million. The company plans to moderate completions capital expenditures to approximately $450 million and invest around $200 million in their power generation business, aiming for significant expansion. Liberty has already deployed 130 megawatts for digiFleet applications and expects to add an incremental 400 megawatts by the end of 2026. The company remains committed to shareholder returns, having distributed $550 million since July 2022 through share buybacks and dividends.Strong Financial Performance
Liberty Energy concluded the year with revenue of $4.3 billion, net income of $316 million, and adjusted EBITDA of $922 million. Full-year return on capital employed was 17%, and cash return on capital invested was 21%, exceeding the 13-year S&P average.
Technological Innovations
Liberty announced the development of the digiPrime platform with the industry's first natural gas variable speed, large displacement engine with Cummins, enhancing the digiFleet offering by combining high fuel efficiency with transient load management and precision rate control.
Record Operational Performance
A Liberty digiPrime fleet set a company record of 7,143 hours pumped in a year, averaging nearly 600 hours per month, equating to approximately 96% of available hours under normal dedicated fleet utilization.
Expansion into Power Generation
Liberty is expanding its power generation services to meet rising energy demand, expecting to deploy an incremental 400 megawatts of power generation by the end of 2026, with initial deployments commencing late this year.
Shareholder Returns
Since July 2022, Liberty has distributed $550 million to shareholders through share retirements and quarterly dividends. In the fourth quarter, they repurchased approximately 1% of shares and increased dividends by 14%.
---
LBRT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
LBRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 29, 2025 | $20.66 | $19.19 | -7.12% |
| Oct 16, 2024 | $20.00 | $18.22 | -8.90% |
| Jul 17, 2024 | $21.96 | $22.31 | +1.59% |
| Apr 17, 2024 | $21.28 | $21.86 | +2.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Liberty Oilfield Services (LBRT) report earnings?
Liberty Oilfield Services (LBRT) is schdueled to report earning on Apr 16, 2025, TBA Not Confirmed.
What is Liberty Oilfield Services (LBRT) earnings time?
Liberty Oilfield Services (LBRT) earnings time is at Apr 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LBRT EPS forecast?
LBRT EPS forecast for the fiscal quarter 2025 (Q1) is 0.08.
---