Delek Logistics Partners LP (DKL) Q3 2024: Everything You Need to Know Ahead of Earnings

Author's Avatar
Nov 05, 2024
Article's Main Image

Delek Logistics Partners LP (DKL, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $264.05 million, and the earnings are expected to come in at $0.82 per share. The full year 2024's revenue is expected to be $1.06 billion, and the earnings are expected to be $2.08 per share. More detailed estimate data can be found on the Forecast page.

Delek Logistics Partners LP (DKL, Financial) Estimate Trends

Revenue estimates for Delek Logistics Partners LP (DKL) have increased from $1.04 billion to $1.06 billion for the full year 2024 and increased from $1.06 billion to $1.16 billion for 2025 over the past 90 days. Earnings estimates for Delek Logistics Partners LP (DKL) have declined from $3.27 per share to $2.08 per share for the full year 2024 and declined from $3.79 per share to $2.68 per share for 2025 over the past 90 days.

Delek Logistics Partners LP (DKL, Financial) Reported History

In the previous quarter of 2024-06-30, Delek Logistics Partners LP's (DKL) actual revenue was $264.63 million, which beat analysts' revenue expectations of $258.13 million by 2.52%. Delek Logistics Partners LP's (DKL) actual earnings were $0.87 per share, which beat analysts' earnings expectations of $0.81 per share by 7.41%. After releasing the results, Delek Logistics Partners LP (DKL) was up by 0.3% in one day.

1853780659458437120.png

Delek Logistics Partners LP (DKL, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Delek Logistics Partners LP (DKL) is $43 with a high estimate of $46 and a low estimate of $36. The average target implies an upside of 10.6% from the current price of $38.88.

Based on GuruFocus estimates, the estimated GF Value for Delek Logistics Partners LP (DKL, Financial) in one year is $52.78, suggesting an upside of 35.75% from the current price of $38.88.

Based on the consensus recommendation from 4 brokerage firms, Delek Logistics Partners LP's (DKL, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1853780706464002048.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.