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HomeMarketDelek Logistics Partners LP Earnings, Revenue Miss in Q3 By Investing.com

Delek Logistics Partners LP Earnings, Revenue Miss in Q3 By Investing.com

© Reuters. Delek Logistics Partners LP Earnings, Revenue Miss in Q3
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Investing.com – Delek Logistics (NYSE:) Partners LP reported on Monday third quarter that missed analysts’ forecasts and revenue that fell short of expectations.

Delek Logistics Partners LP announced earnings per share of $1.03 on revenue of $294.03M. Analysts polled by Investing.com anticipated EPS of $1.21 on revenue of $313.48M.

Delek Logistics Partners LP shares are down 57% from the beginning of the year, still down 13.94% from its 52 week high of $64.46 set on September 2.

Delek Logistics Partners LP shares gained 1.49% in intra-day trade following the report.

Delek Logistics Partners LP follows other major Energy sector earnings this month

Delek Logistics Partners LP’s report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.

Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Story Credit: investing.com

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