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

$191.12
+1.37 (+0.72%)
(As of 08/21/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 4Estimated
Actual EPS
(Aug. 5)
$4.52 Beat By $0.01
Consensus EPS
(Aug. 5)
$4.51
Skip Charts & View Estimated and Actual Earnings Data

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$4.14$6.10$5.07
Q4 20245$4.42$5.53$4.98
FY 202425$16.25$24.30$19.90
Q1 20254$4.62$5.19$5.01
Q2 20254$4.52$5.11$4.85
Q3 20254$4.90$5.47$5.14
Q4 20254$4.62$5.45$5.05
FY 202516$18.66$21.22$20.04
Q1 20261$4.72$4.72$4.72
Q2 20261$4.65$4.65$4.65

FANG Earnings Date and Information

Diamondback Energy last issued its quarterly earnings results on August 5th, 2024. The oil and natural gas company reported $4.52 earnings per share for the quarter, topping analysts' consensus estimates of $4.51 by $0.01. The business earned $2.48 billion during the quarter, compared to the consensus estimate of $2.19 billion. Its quarterly revenue was up 29.4% on a year-over-year basis. Diamondback Energy has generated $17.74 earnings per share over the last year ($17.74 diluted earnings per share) and currently has a price-to-earnings ratio of 10.8. Earnings for Diamondback Energy are expected to grow by 12.45% in the coming year, from $18.63 to $20.95 per share. Diamondback Energy has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, November 4th, 2024 based off prior year's report dates.

Diamondback Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/4/2024
(Estimated)
------- 
8/5/2024Q2 2024$4.51$4.52+$0.01$4.38$2.19 billion$2.48 billion          
4/30/2024Q1 2024$4.29$4.50+$0.21$4.72$2.10 billion$2.23 billion        
2/20/2024Q4 2023$4.61$4.74+$0.13$4.14$2.16 billion$2.23 billion        
11/6/2023Q3 2023$4.90$5.49+$0.59$5.91$2.21 billion$2.34 billion        
7/31/2023Q2 2023$3.92$3.68($0.24)$4.31$1.90 billion$1.92 billion          
5/1/2023Q1 2023$4.33$4.10($0.23)$4.32$1.92 billion$1.93 billion        
2/21/2023Q4 2022$5.20$5.29+$0.09$4.96$2.09 billion$2.03 billion          
11/7/2022Q3 2022$6.51$6.48($0.03)$6.24$2.38 billion$2.44 billion    
8/1/2022Q2 2022$6.66$7.07+$0.41$6.21$2.44 billion$2.77 billion          
5/2/2022Q1 2022$4.74$5.20+$0.46$6.04$1.93 billion$2.41 billion      
2/22/2022Q4 2021$3.38$3.63+$0.25$1.72$1.68 billion$2.02 billion        
10/31/2021Q3 2021$2.81$2.94+$0.13$2.32$1.48 billion$1.91 billion      
8/1/2021Q2 2021$2.19$2.40+$0.21$3.09$1.33 billion$1.68 billion      
5/2/2021Q1 2021$1.73$2.30+$0.57$3.27$864.18 million$1.18 billion    
2/21/2021Q4 2020$0.81$0.82+$0.01$6.32$768.65 million$769.00 million      
11/7/2020Q3 2020$0.36$0.62+$0.26$8.29$712.27 million$720.00 million    
8/3/2020Q2 2020$0.03$0.15+$0.12$15.47$586.01 million$425.00 million    
5/4/2020Q1 2020$1.29$1.45+$0.16$4.62$968.57 million$899.00 million    
2/18/2020Q4 2019$1.80$1.93+$0.13$6.90$1.09 billion$1.10 billion    
11/5/2019Q3$1.71$1.47($0.24)$0.68$1.04 billion$975.00 million      

Diamondback Energy Earnings - Frequently Asked Questions

When is Diamondback Energy's earnings date?

Diamondback Energy has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, November 4th, 2024 based off last year's report dates. Learn more on FANG's earnings history.

Did Diamondback Energy beat their earnings estimates last quarter?

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.

How can I listen to Diamondback Energy's earnings conference call?

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

How can I read Diamondback Energy's conference call transcript?

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

How can I view Diamondback Energy's earnings report?

Diamondback Energy's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Diamondback Energy generate each year?

Diamondback Energy (NASDAQ:FANG) has a recorded annual revenue of $9.28 billion.

How much profit does Diamondback Energy generate each year?

Diamondback Energy (NASDAQ:FANG) has a recorded net income of $3.14 billion. FANG has generated $17.74 earnings per share over the last four quarters.

What is Diamondback Energy's price-to-earnings ratio?

Diamondback Energy (NASDAQ:FANG) has a trailing price-to-earnings ratio of 10.77 and a forward price-to-earnings ratio of 10.26. The price/earnings-to-growth ratio is 1.06.

What is Diamondback Energy's EPS forecast for next year?

Diamondback Energy's earnings are expected to grow from $18.63 per share to $20.95 per share in the next year, which is a 12.45% increase.


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This page (NASDAQ:FANG) was last updated on 8/22/2024 by MarketBeat.com Staff

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