Delek US Holdings (NYSE: DK ) is expected to report Q2 earnings Aug. 7. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Delek US Holdings' revenues will contract -10.1% and EPS will increase 27.5%.
The average estimate for revenue is $1.66 billion. On the bottom line, the average EPS estimate is $1.02.
Last quarter, Delek US Holdings booked revenue of $2.17 billion. GAAP reported sales were 90% higher than the prior-year quarter's $1.14 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.79. GAAP EPS of $0.79 for Q1 were 155% higher than the prior-year quarter's $0.31 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 9.9%, 140 basis points worse than the prior-year quarter. Operating margin was 3.9%, 80 basis points better than the prior-year quarter. Net margin was 2.1%, 60 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $7.10 billion. The average EPS estimate is $3.24.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 303 members out of 327 rating the stock outperform, and 24 members rating it underperform. Among 78 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give Delek US Holdings a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Delek US Holdings is outperform, with an average price target of $17.40.
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