Calumet Specialty Products Partners LP expected to post a loss of 49 cents a share - Earnings Preview

Calumet

04/08/2021 14:20

* Calumet Specialty Products Partners LP  CLMT.OQ   CLMT.O  is
expected to show a rise in quarterly revenue when it reports
results on August 6. 
* The Indianapolis, Indiana-based company is expected to report 
 a 40.4% increase in revenue to $636.816 million from $453.7
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Calumet Specialty
Products Partners LP is for a loss of 49 cents per share. For
the same quarter last year, the company reported a loss of 25
cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $6​, about 12% below​ its last
closing price of $6.72. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.62       -0.62      -0.80     Missed  -28
 Dec. 31 2020  -0.79       -0.79      -0.89     Missed  -12.8
 Sep. 30 2020  -0.43       -0.38      -0.49     Missed  -29.5​
 Jun. 30 2020  -0.25       -0.22      -0.25     Missed  -12.3
 Mar.          -0.19​      -0.17      0.28      Beat    262.6​
 31​ 2020​                                              
 Dec. 31 2019  -0.36       -0.35      -0.23     Beat    34.3​
 Sep. 30 2019  0.01        -0.04      0.09      Beat    345.5
 Jun. 30 2019  0.00        -0.03      -0.21     Missed  -556.2
 This summary was machine generated August 4 at 13:20 GMT.  All
figures in US dollars unless otherwise stated