Delek US Holdings (DK) Q4 Earnings: Comparison of Key Metrics with Wall Street Estimates

For the final quarter of 2024, Delek US Holdings (DK) reported a total revenue of $2.37 billion. This marks a significant decline of 41.4% compared to the same quarter in the previous year. The earnings per share (EPS) for this period fell to -$2.54, a drop from -$1.46 in the year-ago quarter.

The reported revenue fell short of the Zacks Consensus Estimate of $2.55 billion, resulting in a revenue surprise of -6.92%. In contrast, the company exceeded EPS estimates, achieving a surprise of +12.11%, with the consensus EPS estimate being -$2.89.

Despite the headline figures indicating a tough quarter, investors often look beyond just revenue and earnings. Key metrics help reveal a company’s underlying performance. Comparing these metrics to year-ago results and analysts' expectations can offer better insights into future stock performance.

Here are the performance highlights of Delek US Holdings for the recently concluded quarter, focusing on the key metrics commonly analyzed by Wall Street:

• Total Throughput Capacity Per Day - Big Spring, TX Refinery: 72,900 BBL/D compared to the average estimate of 70,339.66 BBL/D from five analysts.
• Total Throughput Capacity Per Day - El Dorado, AR Refinery: 77,249 BBL/D, which is lower than the five-analyst average estimate of 80,216.91 BBL/D.
• Tyler, TX Refinery - Per barrel of throughput - Tyler refining production margin: $6.66 million, exceeding the estimated $6.13 million from five analysts.
• Total Throughput Capacity Per Day - Tyler, TX Refinery: 66,339 BBL/D against an estimated average of 64,911.18 BBL/D from five analysts.
• Total throughput (average bpd) - Total Refining: 266,516 BBL/D, slightly lower than the estimated 271,510 BBL/D from five analysts.
• El Dorado, AR Refinery - Per barrel of throughput - El Dorado refining production margin: $0.56 million compared to the estimated $2.26 million average based on five analysts.
• Total refining production margin per bbl total throughput: $3.71, just under the expected $3.75 from five analysts.
• Krotz Springs, LA Refinery - Per barrel of throughput - Krotz Springs refining production margin: $2.71 million, beating the average estimate of $1.81 million from five analysts.
• Total Throughput Capacity Per Day - Krotz Springs, LA Refinery: 50,028 BBL/D, lower than the estimated average of 56,042.21 BBL/D from five analysts.
• Total Revenues - Logistics: $209.80 million, significantly below the predicted $274.19 million average from five analysts, reflecting a year-over-year decrease of 17.4%.
• Total Revenues - Corporate, Other and Eliminations: -$175.80 million, in contrast to an estimated -$224.68 million average from four analysts.
• Total Revenues - Refining: $2.34 billion, which matched the three-analyst average estimate of $2.34 billion, also reflecting a year-over-year decline of 40.6%.

Overall, shares of Delek US Holdings have declined by 9.8% over the last month, while the Zacks S&P 500 composite has only dropped by 1.8%. Currently, the stock carries a Zacks Rank of #3 (Hold), suggesting it may perform in line with the broader market in the short term.

Earnings, Stocks, Metrics