What To Expect From Delek US Holdings Inc (DK) Q3 2024 Earnings

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Nov 05, 2024
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Delek US Holdings Inc (DK, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $3,228.93 million, and the earnings are expected to come in at -$1.56 per share. The full year 2024's revenue is expected to be $12.68 billion and the earnings are expected to be -$3.86 per share. More detailed estimate data can be found on the Forecast page.

Delek US Holdings Inc (DK, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Delek US Holdings Inc (DK) have declined from $12.99 billion to $12.68 billion for the full year 2024, and from $12.49 billion to $11.74 billion for 2025. Earnings estimates have also seen a decrease, moving from -$1.47 per share to -$3.86 per share for the full year 2024, and from $0.10 per share to -$1.83 per share for 2025.

Delek US Holdings Inc (DK, Financial) Reported History

In the previous quarter of 2024-06-30, Delek US Holdings Inc's (DK) actual revenue was $3,421.70 million, which beat analysts' revenue expectations of $3,308.69 million by 3.42%. Delek US Holdings Inc's (DK) actual earnings were -$0.58 per share, which beat analysts' earnings expectations of -$1.443 per share by 59.81%. After releasing the results, Delek US Holdings Inc (DK) was down by -11% in one day.

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Delek US Holdings Inc (DK, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 13 analysts, the average target price for Delek US Holdings Inc (DK) is $20.23 with a high estimate of $26 and a low estimate of $15. The average target implies an upside of 27.56% from the current price of $15.86.

Based on GuruFocus estimates, the estimated GF Value for Delek US Holdings Inc (DK, Financial) in one year is $20.34, suggesting an upside of 28.25% from the current price of $15.86.

Based on the consensus recommendation from 14 brokerage firms, Delek US Holdings Inc's (DK, Financial) average brokerage recommendation is currently 3.2, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.