Delek US Hldgs's Return On Capital Employed Insights
Portfolio Pulse from Benzinga Insights
Delek US Holdings (NYSE:DK) reported a 68.65% increase in Q1 earnings to $15.30 million, while sales decreased by 12.39% to $3.92 billion. The company posted a return on capital employed (ROCE) of 0.01%, indicating effective capital allocation. Q1 earnings per share were $1.37, beating analyst predictions of $1.02.
May 22, 2023 | 2:58 pm
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Delek US Holdings reported a 68.65% increase in Q1 earnings and a 12.39% decrease in sales. The company's ROCE of 0.01% indicates effective capital allocation, and its EPS of $1.37 beat analyst predictions.
Delek US Holdings' Q1 earnings increased by 68.65%, indicating a strong financial performance. The company's ROCE of 0.01% suggests effective capital allocation, which is a positive indicator for future growth and long-term returns. Additionally, the company's EPS of $1.37 beat analyst predictions, which could lead to increased investor confidence and a potential short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100