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Delek US Holdings: Q1 Earnings Snapshot

By AP News - May 08, 2023, 07:24 AM ET

Last Updated - Jun 21, 2023, 10:06 PM EDT

BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Delek US Holdings Inc. (DK) on Monday reported first-quarter earnings of $64.3 million.

On a per-share basis, the Brentwood, Tennessee-based company said it had net income of 95 cents. Earnings, adjusted for non-recurring costs, were $1.37 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The refinery operator posted revenue of $3.92 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $3.33 billion.

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