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Calumet Inc reports results for the quarter ended March 31 - Earnings Summary

Calumet Inc CLMT.OQ reported a quarterly adjusted loss of $2.59​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -51 cents.  The mean expectation of six analysts for the quarter was for a loss of 57 cents per share. Wall Street expected results to range from -86 cents to -35 cents per share.

Revenue fell 1.2% to $993.90 million from a year ago; analysts expected $891.44 million.

Calumet Inc's reported EPS for the quarter was a loss of $1.87​.

The company reported a quarterly loss of $162 million.

Calumet Inc shares had fallen by 6.4% this quarter and lost 46.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 91.4% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is  "hold."

Wall Street's median 12-month price target for Calumet Inc is $18.50

This summary was machine generated from LSEG data May 9 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.57-2.59Missed
Dec. 31 2024-0.66-0.47Beat
Sep. 30 2024-0.74-1.18Missed
Jun. 30 2024-0.55-0.48Beat

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