Delek Logistics Partners Earnings Preview
Portfolio Pulse from Benzinga Insights
Delek Logistics Partners (NYSE:DKL) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $0.89. The company's past earnings performance shows mixed results, with a slight beat last quarter but a subsequent 2.0% drop in share price. Over the last year, DKL shares have declined by 10.04%, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 26, 2024 | 4:02 pm
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Delek Logistics Partners is expected to announce an EPS of $0.89 in its upcoming earnings report, with past performance showing a mixed impact on stock prices post-earnings. Shares have declined by 10.04% over the last year, indicating bearish sentiment.
The expected EPS of $0.89 and historical performance suggest a cautious outlook for DKL's stock price in the short term. The company's guidance will likely play a crucial role in determining the immediate stock price movement. Given the past year's decline, investor sentiment appears bearish, but the actual earnings result and future outlook could sway this sentiment.
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IMPORTANCE 90
RELEVANCE 100