Alert: New Earnings Report (11/7/23)-Delek Logistics Partners LP (NYSE: DKL).

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Delek Logistics Partners LP (NYSE: DKL) has reported earnings for its third fiscal quarter (ending September 30) of $0.80 versus $1.03 for the same period a year ago — a decline of -22%. However, this result exceeded the consensus estimate of $0.79 by $0.01. For the latest four quarters through September 30, E.P.S. were $3.37 versus $3.64 for the same period a year ago — a decline of -7%.

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Recent Price Action

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Delek Logistics Partners LP (NYSE: DKL) stock increased 1.4% on 11/7/23. The shares closed at $48.48. The stock has performed in line with the market over the last nine months and has risen 5.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be below 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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