Delek US Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Delek US Holdings Inc DK.N reported a quarterly adjusted loss of 56 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -92 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 88 cents per share. Wall Street expected results to range from $-1.23 to -73 cents per share.

• Revenue fell 19.2% to $2.76 billion from a year ago; analysts expected $2.68 billion.

• Delek US Holdings Inc's reported EPS for the quarter was a loss of $1.76​.

• The company reported a quarterly loss of $106.4 million.

• Delek US Holdings Inc shares had fallen by 0.5% this quarter and gained 13.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.6% in the last three months.​

• In the last 30 days, seven 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 3 "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

• Wall Street's median 12-month price target for Delek US Holdings Inc is $22.50, about 6.4% above its last closing price of $21.07

This summary was machine generated from LSEG data August 6 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)