AP NEWS

Liberty Oilfield Services: 2Q Earnings Snapshot

August 2, 2018

DENVER (AP) _ Liberty Oilfield Services Inc. (LBRT) on Wednesday reported second-quarter net income of $49.6 million.

On a per-share basis, the Denver-based company said it had profit of 71 cents.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The provider of hydraulic fracturing services posted revenue of $628.1 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $543.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LBRT at https://www.zacks.com/ap/LBRT

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