Delek US Holdings Earnings Preview: Can This Streak Continue?
Delek US Holdings (NYSE:DK) will report earnings after markets close on Wednesday, May 8th. Delek US Holdings, Inc. a diversified energy focused on petroleum refining and supply and on retail marketing. The Company markets gasoline, diesel and other refined petroleum products and convenience merchandise through a network of company-operated retail fuel and convenience stores. Delek also has a wholesale fuel distribution operation.
Here is your Cheat Sheet to Delek Us Holdings Earnings:
Earnings Expectations: Analysts expect earnings of $1.18 per share on revenues of $2.01 billion. Currently, the company’s P/E ratio stands at 7.63.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.31 to a profit $1.54. For the current year, the average estimate is a profit of $4.81, which is better than the estimate ninety days ago.
Here’s how Delek Us Holdings has been performing on an annual basis:
|Revenue ($) in millions||4,724||2,667||3,756||7,198||8,727|
|Diluted EPS ($)||0.49||0.01||-1.47||2.78||4.57|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,001||2,170||2,134||2,238||2,184|
|Diluted EPS ($)||-0.1038||0.79||1.15||1.67||0.9629|
Delek Us Holdings has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)