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Delek US Holdings: 4Q Earnings Snapshot

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BRENTWOOD, Tenn. (AP) _ Delek US Holdings Inc. (DK) on Tuesday reported a fourth-quarter loss of $293.2 million, after reporting a profit in the same period a year earlier.

The Brentwood, Tennessee-based company said it had a loss of $3.98 per share. Losses, adjusted for asset impairment costs and non-recurring costs, were $2.25 per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.84 per share.

The refinery operator posted revenue of $1.88 billion in the period.

For the year, the company reported a loss of $608 million, or $8.26 per share, swinging to a loss in the period. Revenue was reported as $7.3 billion.

Delek US Holdings shares have climbed 60% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $25.70, a decline of nearly 4% in the last 12 months.

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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