Delek US Holdings (DK) Set to Announce Quarterly Earnings on Wednesday
Delek US Holdings (NYSE:DK) will be issuing its Q214 quarterly earnings data on Wednesday, August 6th. Analysts expect the company to announce earnings of $1.01 per share and revenue of $2.09 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Delek US Holdings (NYSE:DK) last released its earnings data on Wednesday, May 7th. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.15 by $0.41. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the company posted $1.28 earnings per share. Delek US Holdings’s revenue was down 17.4% compared to the same quarter last year. On average, analysts expect Delek US Holdings to post $2.50 EPS for the current fiscal year and $2.81 EPS for the next fiscal year.
Delek US Holdings (NYSE:DK) traded down 0.98% during mid-day trading on Tuesday, hitting $28.31. 431,686 shares of the company’s stock traded hands. Delek US Holdings has a 52-week low of $19.83 and a 52-week high of $35.11. The stock’s 50-day moving average is $29.32 and its 200-day moving average is $29.95. The company has a market cap of $1.709 billion and a P/E ratio of 23.24.
DK has been the subject of a number of recent research reports. Analysts at Wolfe Research upgraded shares of Delek US Holdings from a “market perform” rating to an “outperform” rating in a research note on Monday, July 28th. On the ratings front, analysts at Howard Weil upgraded shares of Delek US Holdings from a “sector outperform” rating to a “focus stock” rating in a research note on Monday, July 28th. They now have a $36.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Delek US Holdings from a “neutral” rating to an “underperform” rating in a research note on Monday, July 21st. They now have a $26.70 price target on the stock. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $34.87.
Delek US Holdings, Inc (NYSE:DK) is an integrated energy business focused on petroleum refining, the wholesale distribution of refined products and convenience store retailing.
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