Calumet Specialty Products Partners LP reports results for the quarter ended in December - Earnings Summary

Calumet

15/03/2023 13:31

* Calumet Specialty Products Partners LP  CLMT.OQ  reported
a
quarterly adjusted loss of 86 cents​​ per share for the quarter
ended in December. The mean expectation of seven analysts for
the quarter was for breakeven results per share.
    * Revenue rose 15.5% to $999.80 million from a year ago;
analysts
expected $904.43 million. 
    * Calumet Specialty Products Partners LP's reported EPS for
the
quarter was a loss of 86 cents​.
    * The mean earnings estimate of analysts had fallen by
about 99.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Calumet Specialty Products Partners LP shares had risen
by 6.7%
this quarter.
    * The company reported a quarterly loss of $68.6 million.
    * Wall Street's median 12-month price target for Calumet
Specialty
Products Partners LP is $25.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 15 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.00           -0.86          Missed
 Sep. 30 2022      0.33           0.19           Missed
 Jun. 30 2022      0.22           -0.19          Missed
 Mar. 31 2022      -0.50          -1.18          Missed