For its fourth fiscal quarter (ending December 31), Delek Logistics Partners LP (NYSE: DKL) has reported a -48% decline in E.P.S. from $0.98 a year ago to $0.51 in the current quarter. This performance was $-0.34 short of the consensus estimate of $0.85. E.P.S. were $2.90 for the latest four quarters through December 31 versus $3.66 for the same period a year ago — a decline of -21%.
Recent Price Action
Delek Logistics Partners LP (NYSE: DKL) stock closed at $45.98 on 2/27/24 after an increase of 1.5%. However, this advance was accompanied by below average trading volume at 78% of normal. The stock has risen 1.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, DKL is expected to be a major Value Eraser.
Delek Logistics Partners is currently unrated.
Rating Review
The stock is currently unrated.
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