Delek Logistics Partners Q2 EPS $0.73 Misses $0.81 Estimate, Sales $246.91M Miss $281.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Delek Logistics Partners (NYSE:DKL) reported Q2 earnings of $0.73 per share, missing the analyst consensus estimate of $0.81 by 9.88%. This is a 1.35% decrease from the same period last year. The company also reported quarterly sales of $246.91 million, missing the analyst consensus estimate of $281.25 million by 12.21%. This is a 7.44% decrease from the same period last year.
August 07, 2023 | 11:31 am
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Delek Logistics Partners reported lower than expected Q2 earnings and sales, which could negatively impact its stock price in the short term.
Delek Logistics Partners reported lower than expected earnings and sales for Q2. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100