Earnings Preview: Delek US Hldgs
Delek US Hldgs (NYSE: DK) releases its next round of earnings this Tuesday, August 04. Here's Benzinga's essential guide to Delek US Hldgs's Q2 earnings report.
Earnings and Revenue
Wall Street expects EPS at $-0.51 and sales around $1.29 billion. In the same quarter last year, Delek US Hldgs reported earnings per share of $1.170 on sales of $2.48 billion. Analysts estimate would represent a 143.59% decrease in the company's earnings. Revenue would have fallen 15.13% from the same quarter last year. Delek US Hldgs's reported EPS has stacked up against analyst estimates in the past like this:
EPS Estimate | -0.95 | 0.03 | 0.68 | 0.84 |
EPS Actual | -1.74 | -0.11 | 0.78 | 1.17 |
Revenue Estimate | 1.52 B | 2.21 B | 2.40 B | 2.23 B |
Revenue Actual | 1.82 B | 2.28 B | 2.33 B | 2.48 B |
Stock Performance
Over the last 52-week period, shares are down 51.82%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Delek US Hldgs is scheduled to hold the call at 09:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/kp5nbagn
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