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Delek US Holdings: Q3 Earnings Snapshot

Delek US Holdings: Q3 Earnings Snapshot

By AP News
Published - Nov 06, 2024, 07:30 AM ET
Last Updated - Dec 16, 2024, 05:38 PM EST

BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Delek US Holdings Inc. (DK) on Wednesday reported a loss of $76.8 million in its third quarter.

The Brentwood, Tennessee-based company said it had a loss of $1.20 per share. Losses, adjusted for non-recurring gains, came to $1.45 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.71 per share.

The refinery operator posted revenue of $3.04 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $3.09 billion.

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