Delek US Holdings (DK) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $13.55
- Estimate
- $8.12
- Surprise
- +66.9%
- Revenue (period 2026-09-30)
- $4.39B
- Score at report (before → after)
- 6.2 → 6.4/10
Revenue source: xbrl.
How the report landed
Delek US Holdings (DK) beat the $8.12 estimate with adjusted EPS of $13.55 — a large 66.9% upside surprise. TrendMatrix's engine moved from Sell (6.2/10) to Hold at 6.4/10 after the report.
Coverage in the report window
- Delek US Hldgs Q3 2026 Earnings Call Transcript — benzinga, 2026-11-06
- Delek US Holdings Reports Third Quarter 2026 Results — fiscal.ai, 2026-11-06
- Delek US Expects To Repurchase Up To $100M Of Stock In Q4, Repay $850M Term Loan In Q4 — benzinga, 2026-11-06
Where TrendMatrix's rating stands now
TrendMatrix currently rates DK Hold at 6.4/10.
4 of the last 4 quarters beat the estimate; this quarter's +66.9% surprise compares with a +393.0% four-quarter average.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- Earnings expected to decline ~51% (cyclical peak)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.8)
- Leverage penalty (D/E 8.1): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $63.95
- Price target
- $74.14
- Stop
- $59.47
- Upside to target
- +15.9%
- Reward-to-risk
- 1.1:1
Forward estimates sit below the trailing run-rate (6.9× forward vs 3.4× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-11-07 — shown for context, not personalized investment advice.
DK at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Refining & Marketing
- Market cap
- $3.92B
- P/E (fwd)
- 6.9
- P/E (ttm)
- 3.4
- 52-week range
- $25.85–$82.27
- Off 52-week high
- 22.3%
- RSI (14)
- 35
- Volume vs avg
- 0.98×
- Score today
- 6.4/10