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BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Delek US Holdings Inc. (DK) on Wednesday reported a loss of $172.7 million in its first quarter.
On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of $2.78. Losses, adjusted for non-recurring costs and to account for discontinued operations, were $2.32 per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $2.27 per share.
The refinery operator posted revenue of $2.64 billion in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $2.43 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DK at https://www.zacks.com/ap/DK