DELEK US HOLDINGS, I

DK
Delayed Quote. Delayed  - 05/13 04:10:00 pm
21.13USD -7.00%

Delek US Holdings: Q1 Earnings Snapshot

05/04/2021 | 05:57pm

BRENTWOOD, Tenn. (AP) _ Delek US Holdings Inc. (DK) on Tuesday reported a loss of $98.6 million in its first quarter.

On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of $1.34. Losses, adjusted for non-recurring gains, were $1.69 per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.38 per share.

The refinery operator posted revenue of $2.39 billion in the period.

Delek US Holdings shares have risen 54% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.80, a rise of 12% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DK at https://www.zacks.com/ap/DK

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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