Benzinga | Nov 2, 2020 04:15PM EST

Diamondback Energy Q3 EPS $0.62 Beats $0.37 Estimate, Sales $720.00M Beat $714.08M Estimate

Diamondback Energy (NASDAQ:FANG) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.37 by 67.57 percent. This is a 57.82 percent decrease over earnings of $1.47 per share from the same period last year. The company reported quarterly sales of $720.00 million which beat the analyst consensus estimate of $714.08 million by 0.83 percent. This is a 26.15 percent decrease over sales of $975.00 million the same period last year.