Calumet Specialty Products Partners LP expected to post earnings of 7  cents a share - Earnings Preview

Calumet

03/05/2023 19:32

* Calumet Specialty Products Partners LP  CLMT.OQ 
 CLMT.O  is
expected to show a fall in quarterly revenue when it reports 
results on May 5. 
    * The Indianapolis Indiana-based  company is expected to
report  a
15.5% decrease in revenue to $927.405 million from $1.1 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 earnings of 7 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 74.9%
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 $17.21. ​​​

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 2022  -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. 31 2022  -0.53       -0.49      -1.18     Missed  -142.4
 ​​Dec.        -0.54       -0.39      -1.08     Missed  -175.1
 31 2021                                                
 Sep. 30 2021  -0.15       -0.13      0.64      Beat    605.3​
 Jun. 30 2021  -0.35       -0.48      -0.38     Beat    20.8
 Mar. 31 2021  -0.62       -0.62      -0.80     Missed  -28
 This summary was machine generated May 3 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated