Diamondback Q1 Earnings Beat Estimates on Higher Production

U.S. energy operator Diamondback Energy (FANG) reported first-quarter 2025 adjusted earnings per share of $4.54, which beat the Zacks Consensus Estimate of$4.09 and came ahead of the year-ago bottom line of $4.50.The outperformance reflects strong production and lower costs, which more than offset a fall in oil realization.Meanwhile, revenues of$4 billion jumped 82% from the year-ago quarter’s sales and outperformed the Zacks Consensus Estimate by 8.1%.(See the Zacks Earnings Calendar to stay ahead of mar ...