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Diamondback Energy (FANG) Earnings Date, Estimates & Call Transcripts

Diamondback Energy logo
$182.92 +1.46 (+0.80%)
(As of 11/21/2024 ET)

Diamondback Energy Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 18Estimated
Actual EPS
(Nov. 4)
$3.38 Missed By -$1.24
Consensus EPS
(Nov. 4)
$4.62

Diamondback Energy released Q3 2024 earnings on November 4, 2024, reporting an EPS of $3.38, which missed analysts' consensus estimates of $4.62 by $1.24. Quarterly revenue rose 13.0% year-over-year to $2.65 billion, above the consensus estimate of $2.43 billion. With a trailing EPS of $17.47 and a P/E Ratio of 10.47, Diamondback Energy's earnings are expected to grow 2.32% next year, from $16.37 to $16.75 per share.

FANG Upcoming Earnings

Diamondback Energy's next earnings date is estimated for Tuesday, February 18, 2025, based off prior year's reporting schedules.

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FANG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

FANG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Diamondback Energy Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20248$3.82$6.53$5.00
Q2 20246$3.87$6.14$4.85
Q3 20246$3.40$6.10$4.67
Q4 20245$3.13$5.38$4.08
FY 202425$14.22$24.15$18.60
Q1 20254$3.01$5.08$3.78
Q2 20254$3.03$4.90$3.63
Q3 20254$3.09$4.94$3.71
Q4 20254$3.16$5.01$4.06
FY 202516$12.29$19.93$15.17
Q1 20261$3.81$3.81$3.81
Q2 20261$3.88$3.88$3.88
Q3 20261$3.97$3.97$3.97

Diamondback Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/18/2025
(Estimated)
------- 
11/4/2024Q3 2024$4.62$3.38 -$1.24$3.57$2.43B$2.65B        
8/5/2024Q2 2024$4.51$4.52+$0.01$4.38$2.19B$2.48B          
4/30/2024Q1 2024$4.29$4.50+$0.21$4.72$2.10B$2.23B        
2/20/2024Q4 2023$4.61$4.74+$0.13$4.14$2.16B$2.23B        
11/6/2023Q3 2023$4.90$5.49+$0.59$5.91$2.21B$2.34B        
7/31/2023Q2 2023$3.92$3.68 -$0.24$4.31$1.90B$1.92B          
5/1/2023Q1 2023$4.33$4.10 -$0.23$4.32$1.92B$1.93B        
2/21/2023Q4 2022$5.20$5.29+$0.09$4.96$2.09B$2.03B          

Diamondback Energy Earnings - Frequently Asked Questions

Diamondback Energy has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 18th, 2025 based off last year's report dates. Learn more on FANG's earnings history.

In the previous quarter, Diamondback Energy (NASDAQ:FANG) missed the analysts' consensus estimate of $4.62 by $1.24 with a reported earnings per share (EPS) of $3.38. Learn more on analysts' earnings estimate vs. FANG's actual earnings.

The conference call for Diamondback Energy's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Diamondback Energy's latest earnings report can be read online.
Read Transcript

Diamondback Energy (NASDAQ:FANG) has a recorded annual revenue of $8.41 billion.

Diamondback Energy (NASDAQ:FANG) has a recorded net income of $3.14 billion. FANG has generated $17.47 earnings per share over the last four quarters.

Diamondback Energy (NASDAQ:FANG) has a trailing price-to-earnings ratio of 10.47 and a forward price-to-earnings ratio of 11.17. The price/earnings-to-growth ratio is 1.32.

Diamondback Energy's earnings are expected to grow from $16.37 per share to $16.75 per share in the next year, which is a 2.32% increase.

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This page (NASDAQ:FANG) was last updated on 11/21/2024 by MarketBeat.com Staff
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