Delek Logistics Partners, LP (DKL) revealed earnings for first quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $32.6 million, or $0.73 per share. This compares with $37.4 million, or $0.86 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.5% to $252.1 million from $243.5 million last year.
Delek Logistics Partners, LP earnings at a glance (GAAP) :
-Earnings (Q1): $32.6 Mln. vs. $37.4 Mln. last year.
-EPS (Q1): $0.73 vs. $0.86 last year.
-Revenue (Q1): $252.1 Mln vs. $243.5 Mln last year.
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