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DENVER (AP) — DENVER (AP) — Liberty Oilfield Services Inc. (LBRT) on Wednesday reported fourth-quarter profit of $92.4 million.
The Denver-based company said it had net income of 54 cents per share.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The provider of hydraulic fracturing services posted revenue of $1.07 billion in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $1.08 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