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

Calumet

04/08/2023 14:33

* Calumet Specialty Products Partners LP  CLMT.OQ  reported
a
quarterly adjusted loss of 23 cents​​ per share for the quarter
ended in June. The mean expectation of seven analysts for the
quarter was for a loss of 4 cents per share.
    * Revenue fell 28.5% to $1.02 billion from a year ago;
analysts
expected $1.02 billion. 
    * Calumet Specialty Products Partners LP's reported EPS for
the
quarter was a loss of 23 cents​.
    * The mean earnings estimate of analysts had fallen by
about 113.4% in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Calumet Specialty Products Partners LP shares had risen
by 0.9%
this quarter and lost 5.2% so far this year.
    * The company reported a quarterly loss of $18.1 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
August 4 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.04          -0.23          Missed
 Mar. 31 2023      0.07           0.35           Beat
 Dec. 31 2022      0.01           -0.86          Missed
 Sep. 30 2022      0.39           0.19           Missed