Delek US Reports Q4 Loss, Earnings Miss Expectations

Delek US Holdings reported a quarterly loss of $2.54 per share, slightly better than analysts' expectations of $2.89, though revenues fell to $2.37 billion, missing estimates by nearly 7%. The company experienced a significant year-over-year revenue decline of approximately 39.8%, reflecting challenging market conditions. Despite this, Delek's earnings call highlighted optimism with a record adjusted EBITDA driven by strategic acquisitions and a planned $150 million buyback program. The company’s logistics segment also performed well, achieving record EBITDA of about $107 million, contributing to a positive outlook for 2025. Overall, while Delek has underperformed the market in 2024, management's comments during the earnings call may shape investor sentiment moving forward. Analysts continue to monitor the company's future earnings expectations amid these mixed results.