04:43 PM EST, 11/04/2024 (MT Newswires) -- Diamondback Energy ( FANG ) reported Q3 adjusted earnings late Monday of $3.38 per diluted share, down from $5.49 a year earlier.

Analysts surveyed by Capital IQ expected normalized EPS of $3.92.

Revenue for the quarter ended Sept. 30 was $2.65 billion, up from $2.34 billion a year earlier.

Analysts polled by Capital IQ expected $2.41 billion.

The company declared its quarterly base dividend at $0.90 per share, payable Nov. 21 to stockholders of record Nov. 14.

Shares were down nearly 3% in recent after-hours activity.

Price: 184.99, Change: +1.00, Percent Change: +0.54