Delek Logistics Partners' Q4 Earnings Increase, Revenue Declines

MT Newswires Live

02-25

Delek Logistics Partners (DKL) reported Q4 earnings Tuesday of $0.68 per diluted share, up from $0.51 a year earlier.

Analysts polled by FactSet expected $0.68.

Revenue for the quarter ended Dec. 31 was $209.9 million, compared with $254.1 million a year earlier.

Analysts polled by FactSet expected $240 million.

The company also announced a $150 million buyback program for Delek US-owned common units.

Delek was 1.9% higher in premarket trading.

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