Calumet Specialty Products Partners LP expected to post a loss of 67 cents a share - Earnings Preview

Calumet

08/05/2024 14:33

* Calumet Specialty Products Partners LP  CLMT.OQ 
 CLMT.O  is
expected to show a fall in quarterly revenue when it reports 
results on May 10 for the period ending March 31 2024
    * The Indianapolis Indiana-based  company is expected to
report a
13.1% decrease in revenue to $900.795 million from $1.04 billion
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Calumet Specialty
Products
Partners LP is for a loss of 67 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 had fallen by
about 17.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Calumet
Specialty
Products Partners LP is $25.00​, above​ its last closing price
of $16.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.43       -0.39      -0.59     Missed  -52.1
 Sep. 30 2023  0.07        0.08       1.26      Beat    1,503.
                                                        7
 Jun. 30 2023  -0.04       -0.04      -0.23     Missed  -487.6
                                                        ​
 Jan. 1 0001   -0.02       0.07       0.35      Beat    390
 ​​Dec.        -0.02       0.01       -0.86     Missed  -6,715
 31 2022                                                .4
 Sep. 30 2022  0.63        0.39       0.19      Missed  -51.8​
 Jan. 1 0001   0.38        0.30       -0.19     Missed  -164.1
 Mar. 31 2022  -0.53       -0.49      -1.18     Missed  -142.4
 This summary was machine generated May 8 at 13:32 GMT.  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)