Recap: Diamondback Energy Q3 Earnings
Diamondback Energy (NASDAQ:FANG) reported its Q3 earnings results on Monday, November 1, 2021 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Diamondback Energy reported in-line EPS of $2.94 versus an estimate of $2.73, which did not surprise analysts.
Revenue was up $1,190,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.28, which was followed by a 4.93% increase in the share price the next day.
Here's a look at Diamondback Energy's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.12 | 1.78 | 0.81 | 0.37 |
| EPS Actual | 2.40 | 2.30 | 0.82 | 0.62 |
| Revenue Estimate | 1.32B | 1.00B | 769.69M | 714.08M |
| Revenue Actual | 1.68B | 1.18B | 769.00M | 720.00M |
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Posted-In: BZI-RecapsEarnings
