Calumet, Inc. reports results for the quarter ended June 30 - Earnings Summary
Calumet, Inc. reports results for the quarter ended June 30 - Earnings Summary
Calumet, Inc. CLMT.OQ reported a quarterly adjusted loss of $1.09 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.70. The mean expectation of six analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -62 cents to 29 cents per share.
Revenue rose 40.8% to $1.45 billion from a year ago; analysts expected $1.08 billion.
Calumet, Inc.'s reported EPS for the quarter was a loss of $1.09.
The company reported a quarterly loss of $95.9 million.
Calumet, Inc. shares had risen by 16.3% this quarter and gained 110.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 45.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"
Wall Street's median 12-month price target for Calumet, Inc. is $36.00, about 16.3% below its last closing price of $41.88
This summary was machine generated from LSEG data August 7 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.13 | -1.09 | Missed |
Mar. 31 2026 | -0.56 | -3.64 | Missed |
Dec. 31 2025 | -0.37 | -0.43 | Missed |
Sep. 30 2025 | -0.34 | 3.61 | Beat |
Recent news on Calumet
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Calumet, Inc. reports results for the quarter ended June 30 - Earnings Summary
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