Diamondback Energy (FANG) Q3 Earnings Miss Estimates

Diamondback Energy (FANG) came out with quarterly earnings of $3.38 per share, missing the Zacks Consensus Estimate of$ 3.80 per share. This compares to earnings of $5.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.05%. A quarter ago, it was expected that this energy exploration and production company would post earnings of$ 4.46 per share when it actually produced earnings of $4.52, delivering a surprise of 1.35%. Ov ...