Delek Logistics Partners Reports Q3 Earnings Beat and Raises Full-Year Outlook
Delek Logistics Partners (DKL) reported strong third-quarter financial results, surpassing top-line revenue expectations. The company posted non-GAAP earnings per share of $0.85 on revenue of $372.44 million, representing a 42.5% increase year-over-year and beating estimates by $17 million. Adjusted EBITDA for the third quarter reached $142.9 million, showing slight growth compared to the $142.5 million recorded in the same period last year. Following these robust results, the company has raised its full-year outlook, signaling confidence in its continued operational performance and cash flow generation.
Tickers: $DKL