Delek US Reports Q3 Earnings Beat and Raises Annual Adjusted EBITDA Guidance
Delek US (DK) delivered a strong third-quarter performance, significantly exceeding both top-line and bottom-line analyst expectations. The company reported non-GAAP earnings per share of $13.55, surpassing estimates by $5.43, while revenue reached $4.39 billion, representing a 51.9% increase year-over-year. Driven by robust operational results, Delek US has raised its annual adjusted EBITDA guidance to a range of $530 million to $560 million. Additionally, Delek Logistics reported an adjusted EBITDA of $142.9 million for the period, contributing to the overall positive momentum in the company's financial outlook.
Topics: earnings beat EBITDA guidance financial results revenue growth