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Stock impact report

Delek (DK) Q4 Earnings Miss Estimates, Sales Decline Y/Y [Yahoo! Finance]

Delek US Holdings, Inc. (DK) 
Last delek us holdings, inc. earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: delekus.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
The figure also deteriorated from the year-ago quarter's profit of 88 cents per share. The underperformance could be attributed to the Refining segment's weak year-on-year contributions. Net revenues decreased 9.6% year over year to $4 billion. The figure, however, beat the consensus mark of $3.8 billion due to record contributions from the Retail and Logistics segments. The diversified downstream energy company's Adjusted EBITDA came in at $60.6 million compared with $209.8 million in the year-ago period. On Feb 20, DK's board of directors approved a 2.1% increase in regular dividends, bringing the quarterly payout to 24.5 cents per share. The dividend will be paid out on Mar 20, 2024, to shareholders of record as of Mar 1, 2024. DK distributed $35.4 million to shareholders through dividends and share buybacks during this reported quarter. Throughout the year, DK returned $145.7 million to shareholders through dividends and share buybacks. Delek US Holdings, Inc. Price, Con Show less Read more
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