Delek US Holdings (DK) Expected to Beat Earnings Estimates: Should You Buy?

Company Overview - Delek US Holdings (DK) is expected to report a year-over-year decline in earnings due to lower revenues, with a projected quarterly loss of $1.75 per share, reflecting a change of -326.8% [3][12] - Revenues are anticipated to be $2.43 billion, down 24.6% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for May 7, 2025, and could influence stock movement based on whether actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 3.55% higher in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP for Delek US Holdings is +18.05%, suggesting a likelihood of beating the consensus EPS estimate [11] - The company has a Zacks Rank of 3, indicating a hold position, which combined with the positive Earnings ESP suggests a potential earnings beat [11] Historical Performance - In the last reported quarter, Delek US Holdings was expected to post a loss of $2.89 per share but actually reported a loss of $2.54, resulting in a surprise of +12.11% [12] - The company has successfully beaten consensus EPS estimates in the last four quarters [13] Industry Context - Marathon Petroleum (MPC), a peer in the oil and gas refining and marketing industry, is expected to report earnings per share of $0.63 for the same quarter, reflecting a year-over-year change of -122.7% [17] - Marathon Petroleum's revenues are projected to be $30.09 billion, down 9.4% from the previous year [17]