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Liberty Oilfield Services: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

DENVER (AP) — DENVER (AP) — Liberty Oilfield Services Inc. (LBRT) on Wednesday reported second-quarter earnings of $108.4 million.

The Denver-based company said it had profit of 64 cents per share. Earnings, adjusted for non-recurring gains, came to 61 cents per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.

The provider of hydraulic fracturing services posted revenue of $1.16 billion in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $1.17 billion.

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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