Delek Logistics Partners, LP (DKL) Misses Q2 EPS by 4c

Delek Logistics Partners, LP (NYSE: DKL) reported Q2 EPS of $1.00, $0.04 worse than the analyst estimate of $1.04.

Mr. Yemin continued, "Distribution growth in the quarter was 4.4% on a year-over-year basis and we remain committed to 5% distribution growth on a full-year basis. Our leverage and coverage ratios remain healthy providing flexibility to capitalize on growth opportunities. During the quarter, we successfully raised $400 million through a senior notes offering. This offering increases balance sheet flexibility and extends our debt maturities. DKL continues to perform well operationally and is well positioned for the future."

For earnings history and earnings-related data on Delek Logistics Partners, LP (DKL) click here.

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