| Report | Options implied | Actual move | Market was |
|---|---|---|---|
| May 6, 2026 | ±3.4% | -5.4% | under-priced |
| November 5, 2025 | ±2.6% | -1.5% | over-priced |
| August 6, 2025 | ±3.0% | -0.9% | over-priced |
| May 7, 2025 | ±4.0% | -1.8% | over-priced |
| November 7, 2024 | ±3.1% | -1.1% | over-priced |
| August 7, 2024 | ±4.8% | +0.9% | over-priced |
| May 2, 2024 | ±2.8% | +0.8% | over-priced |
| November 8, 2023 | ±3.0% | -1.8% | over-priced |
| Quarter | EPS (dil.) | Revenue | Net income |
|---|---|---|---|
| Q1 FY2026 | $0.08 | $4.2B | $144M |
| Q4 FY2025 | $-4.98 | $3.4B | $-1.8B |
| Q3 FY2025 | $3.51 | $3.9B | $1.1B |
| Q2 FY2025 | $2.38 | $3.7B | $739M |
Diamondback Energy, Inc. (FANG) reports in 98 days, with the next report estimated for September 19, 2026. Across the last 8 reports, options priced an average ±3.3% earnings move while the stock actually moved 1.8% on average — the market has systematically over-priced FANG's earnings risk. Fundamentals into the print: EPS down 98.3% year-over-year, revenue up 4.7%. QuantLogix's live 5-factor engine currently reads FANG as a buy at 59/100.
Implied move is derived from at-the-money option pricing; actual moves are close-to-close on report days. Next-report dates are estimates until confirmed by the company. Educational market analysis, not investment advice. Browse all signal scorecards →