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

Diamondback Energy logo
$175.81
-0.96 (-0.54%)
(As of 11/1/2024 ET)

Diamondback Energy Latest Earnings Summary

Upcoming Q3
Earnings Date
Nov. 4After Market ClosesConfirmed
Actual EPS
(Aug. 5)
$4.52 Beat By $0.01
Consensus EPS
(Aug. 5)
$4.51

Diamondback Energy announced Q2 2024 earnings on August 5, 2024, reporting an EPS of $4.52, which beat the consensus estimate of $4.51 by $0.01. Quarterly revenue rose 29.4% year-over-year to $2.48 billion, above the consensus estimate of $2.19 billion. With a trailing EPS of $19.35 and a P/E Ratio of 9.09, Diamondback Energy's earnings are expected to grow 4.88% next year, from $17.21 to $18.05 per share.

FANG Upcoming Earnings

Diamondback Energy's next earnings date is scheduled for Monday, November 4, 2024, with a conference call scheduled for at 9:00 AM ET. Interested parties can register for or listen to the call.

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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$4.11$5.38$4.72
FY 202425$15.20$24.15$19.24
Q1 20254$3.80$5.08$4.34
Q2 20254$3.91$4.90$4.36
Q3 20254$4.07$6.16$5.02
Q4 20254$3.39$5.45$4.46
FY 202516$15.17$21.59$18.17
Q1 20261$4.04$4.04$4.04
Q2 20261$4.13$4.13$4.13
Q3 20261$4.41$4.41$4.41

Diamondback Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/4/2024
(Confirmed)
-------  
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          
11/7/2022Q3 2022$6.51$6.48 -$0.03$6.24$2.38B$2.44B    

Diamondback Energy Earnings - Frequently Asked Questions

Diamondback Energy has confirmed that its next quarterly earnings data will be published on Monday, November 4th, 2024. Learn more on FANG's earnings history.

In the previous quarter, Diamondback Energy (NASDAQ:FANG) reported $4.52 earnings per share (EPS) to beat the analysts' consensus estimate of $4.51 by $0.01. 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's earnings report can be found in their filing with the SEC.
View SEC filing

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 $19.35 earnings per share over the last four quarters.

Diamondback Energy (NASDAQ:FANG) has a trailing price-to-earnings ratio of 9.09 and a forward price-to-earnings ratio of 10.22. The price/earnings-to-growth ratio is 1.23.

Diamondback Energy's earnings are expected to grow from $17.21 per share to $18.05 per share in the next year, which is a 4.88% increase.

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This page (NASDAQ:FANG) was last updated on 11/2/2024 by MarketBeat.com Staff
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