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.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100