Delek US Holdings
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Delek US Holdings beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share increased.
Margins increased across the board.
Delek US Holdings recorded revenue of $2.24 billion. The two analysts polled by S&P Capital IQ expected to see sales of $2.06 billion on the same basis. GAAP reported sales were 1.5% higher than the prior-year quarter's $2.21 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.67. The seven earnings estimates compiled by S&P Capital IQ anticipated $1.54 per share. GAAP EPS of $1.67 for Q3 were 5.7% higher than the prior-year quarter's $1.58 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 13.5%, 20 basis points better than the prior-year quarter. Operating margin was 7.4%, 10 basis points better than the prior-year quarter. Net margin was 4.5%, 30 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.90 billion. On the bottom line, the average EPS estimate is $0.88.
Next year's average estimate for revenue is $7.97 billion. The average EPS estimate is $4.38.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 307 members out of 331 rating the stock outperform, and 24 members rating it underperform. Among 95 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 89 give Delek US Holdings a green thumbs-up, and six 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 $30.00.
Are you missing a major story in the energy space? Read about "One Stock to Own Before Nat Gas Act 2011 Becomes Law." Click here for instant access to this free report.
- Add Delek US Holdings to My Watchlist.