Delek US Holdings: Q4 Earnings Snapshot
BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Delek US Holdings Inc. (DK) on Tuesday reported a loss of $164.9 million in its fourth quarter.
On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of $2.57. Losses, adjusted for non-recurring costs, came to $1.46 per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.28 per share.
The refinery operator posted revenue of $4.05 billion in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $3.81 billion.
For the year, the company reported profit of $19.8 million, or 30 cents per share. Revenue was reported as $16.92 billion.
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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
