Calumet Specialty Products Partners LP expected to post a loss of 52  cents a share - Earnings Preview

Calumet

04/05/2022 19:34

* Calumet Specialty Products Partners LP  CLMT.OQ 
 CLMT.O  is
expected to show a rise in quarterly revenue when it reports 
results on May 6. 
    * The Indianapolis Indiana-based  company is expected to
report  a
40.1% increase in revenue to $841.299 million from $600.3
million 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 52 cents per share. For
the same quarter last year, the company reported a loss of 80
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 $28​, above​ its last closing price
of $15.18. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.54       -0.39      -1.08     Missed  -175.1
 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.        -0.79       -0.79      -0.89     Missed  -12.8
 31 2020                                                
 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. 31 2020  -0.19       -0.17      0.28      Beat    262.6
 This summary was machine generated May 4 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated