Delek US Holdings reports 2Q loss

BRENTWOOD, Tenn. (AP) _ Delek US Holdings Inc. (DK) on Wednesday reported a loss of $37.9 million in its second quarter.

On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of 61 cents. Losses, adjusted for non-recurring costs, came to 40 cents per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The refinery operator posted revenue of $1.23 billion in the period.

Delek US Holdings shares have risen 9 percent since the beginning of the year. The stock has more than doubled in the last 12 months.


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Keywords: Delek US Holdings, Earnings Report