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Market Overview

Earnings Outlook For Delek US Hldgs

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Delek US Hldgs (NYSE: DK) unveils its next round of earnings this Wednesday, November 04. Here is Benzinga's everything-that-matters guide for the earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Delek US Hldgs reporting a loss of $1.24 per share on revenue of $1.33 billion. Delek US Hldgs reported a profit of $0.78 per share when it published results during the same quarter last year. Sales in that period totaled $2.33 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Wednesday, earnings would be down 258.97%. Sales would be down 43.02% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate -0.51 -0.95 0.03 0.68
EPS Actual -1.50 -1.74 -0.11 0.78
Revenue Estimate 1.29 B 1.52 B 2.21 B 2.40 B
Revenue Actual 1.54 B 1.82 B 2.28 B 2.33 B

Stock Performance

Over the past 52-week period, shares of Delek US Hldgs have declined 71.17%.

Do not be surprised to see the stock move on comments made during its conference call. Delek US Hldgs is scheduled to hold the call at 09:30:00 ET and can be accessed here.

 

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Posted-In: Earnings