04:53 PM EDT, 04/30/2024 (MT Newswires) -- Diamondback Energy ( FANG ) reported Q1 adjusted earnings late Tuesday of $4.50 per diluted share, up from $4.10 a year ago.

Analysts polled by Capital IQ expected $4.43.

Revenue in the quarter that ended March 31 rose to $2.23 billion from $1.93 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.11 billion.

Shares of the company fell 0.8% in after-hours activity.

Price: 199.50, Change: -1.63, Percent Change: -0.81