Delek US Holdings Q1 Profit Declines

(RTTNews) - Delek US Holdings, Inc. (DK) Wednesday reported first-quarter net income attributable to the company of $33.7 million or $0.56 per share, compared to $77.5 million or $1.28 per share in the same period last year.

On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.15 per share for the quarter. Analysts' estimates typically exclude special items.

Sales decreased to $1.86 billion from $1.97 billion last year. Analysts expected sales of $1.77 billion.

Delek US announced today that its Board of Directors declared its regular quarterly cash dividend of $0.15 per share. Shareholders of record on May 27, 2014 will receive this cash dividend payable on June 17, 2014.