Delek US Holdings (DK) Misses Q2 EPS by 14c, Revenues Beat

Delek US Holdings (NYSE: DK) reported Q2 EPS of $1.03, $0.14 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $2.56 billion versus the consensus estimate of $2.44 billion.

• Positioned to benefit from significant current Midland-Cushing discount with 207,000 bpd of Permian Basin crude oil access
• Reported approximately $1.1 billion of cash at June 30, 2018
• Captured $131 million of annualized synergies related to the Alon USA Energy transaction through second quarter 2018
• Returned $153 million of cash to shareholders through dividends and share repurchases year to date

For earnings history and earnings-related data on Delek US Holdings (DK) click here.

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