Calumet Specialty Products Partners LP expected to post a loss of 4 cents a share - Earnings Preview

Calumet

02/08/2023 15:26

* Calumet Specialty Products Partners LP  CLMT.OQ 
 CLMT.O  is
expected to show a fall in quarterly revenue when it reports 
results on August 4. 
    * The Indianapolis Indiana-based  company is expected to
report  a
28.2% decrease in revenue to $1.023 billion from $1.42 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Calumet Specialty
Products Partners LP is for a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $25​, above​ its last closing price
of $16.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.02       0.07       0.35      Beat    390
 Dec. 31 2023  -0.02       0.01       -0.86     Missed  -6,715
                                                        .4
 Sep. 30 2022  0.63        0.39       0.19      Missed  -51.8​
 Jun. 30 2022  0.38        0.30       -0.19     Missed  -164.1
 ​​Mar.        -0.53       -0.49      -1.18     Missed  -142.4
 31 2022                                                
 Dec. 31 2021  -0.54       -0.39      -1.08     Missed  -175.1
                                                        ​
 Sep. 30 2021  -0.15       -0.13      0.64      Beat    605.3
 Jun. 30 2021  -0.35       -0.48      -0.38     Beat    20.8
 This summary was machine generated August 2 at 14:26 GMT.  All
figures in US dollars  unless otherwise stated