Delek US Holdings: Q2 Earnings Snapshot
Aug. 3, 2021
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BRENTWOOD, Tenn. (AP) Delek US Holdings Inc. (DK) on Tuesday reported a second-quarter loss of $81.1 million, after reporting a profit in the same period a year earlier.
The Brentwood, Tennessee-based company said it had a loss of $1.10 per share. Losses, adjusted for non-recurring costs, came to 88 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.01 per share.
The refinery operator posted revenue of $2.19 billion in the period.
Delek US Holdings shares have climbed 9% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $17.55, a drop of slightly more than 1% in the last 12 months.
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