Diamondback Energy (NASDAQ:FANG) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Diamondback Energy beat estimated earnings by 7.08%, reporting an EPS of $3.63 versus an estimate of $3.39.
Revenue was up $1.25 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 2.54% increase in the share price the next day.
Here's a look at Diamondback Energy's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.73 | 2.12 | 1.78 | 0.81 |
| EPS Actual | 2.94 | 2.40 | 2.30 | 0.82 |
| Revenue Estimate | 1.49B | 1.32B | 1.00B | 769.69M |
| Revenue Actual | 1.91B | 1.68B | 1.18B | 769.00M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
