Diamondback Energy (FANG) Misses Q4 Earnings Estimates

Diamondback Energy (FANG) came out with quarterly earnings of $1.74 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $3.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.20%. A quarter ago, it was expected that this energy exploration and production company would post earnings of $2.85 per share when it actually produced earnings of $3.08, delivering a surprise of +8.07%.Over ...