Calumet Specialty Products Partners LP expected to post a loss of 39  cents a share - Earnings Preview

Calumet

23/02/2022 15:49

* Calumet Specialty Products Partners LP  CLMT.OQ 
 CLMT.O  is
expected to show a rise in quarterly revenue when it reports 
results on February 25. 
    * The Indianapolis Indiana-based  company is expected to
report  a
33.8% increase in revenue to $741.392 million from $553.9
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Calumet Specialty
Products Partners LP is for a loss of 39 cents per share. For
the same quarter last year, the company reported a loss of 89
cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Calumet
Specialty
Products Partners LP is $23​, about 36.3% above​ its last
closing price of $14.65. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.15       -0.15      0.64      Beat    532.4
 Jun. 30 2021  -0.35       -0.48      -0.38     Beat    20.8
 Mar. 31 2021  -0.62       -0.62      -0.80     Missed  -28​
 Dec. 31 2020  -0.79       -0.79      -0.89     Missed  -12.8
 ​​Sep.        -0.43       -0.38      -0.49     Missed  -29.5
 30 2020                                                
 Jun. 30 2020  -0.25       -0.22      -0.25     Missed  -12.3​
 Mar. 31 2020  -0.19       -0.17      0.28      Beat    262.6
 Dec. 31 2019  -0.36       -0.35      -0.23     Beat    34.3
 This summary was machine generated February 23 at 15:49 GMT. 
All figures in US dollars  unless otherwise stated