Delek US Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Delek US Holdings Inc DK.N reported a quarterly adjusted loss of $2.32​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -41 cents. The mean expectation of fourteen analysts for the quarter was for a loss of $2.42 per share. Wall Street expected results to range from $-2.91 to $-2.22 per share.

• Revenue fell 18.1% to $2.64 billion from a year ago; analysts expected $2.63 billion.

• Delek US Holdings Inc's reported EPS for the quarter was a loss of $2.78​.

• The company reported a quarterly loss of $172.7 million.

• Delek US Holdings Inc shares had fallen by 6.9% this quarter and lost 24.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 72.1% in the last three months.​

• In the last 30 days, eleven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is also "hold"

• Wall Street's median 12-month price target for Delek US Holdings Inc is $14.00

This summary was machine generated from LSEG data May 7 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)