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

Calumet

09/11/2022 14:33

* Calumet Specialty Products Partners LP  CLMT.OQ  reported
quarterly adjusted earnings of 19 cents​​ per share for the
quarter ended in September. The mean expectation of six analysts
for the quarter was for earnings of 33 cents per share.
    * Revenue rose 33.2% to $1.17 billion from a year ago;
analysts
expected $1.01 billion. 
    * Calumet Specialty Products Partners LP's reported EPS for
the
quarter was 19 cents​.
    * The mean earnings estimate of analysts had risen by
about 27.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Calumet Specialty Products Partners LP shares had risen
by 55.6%
this quarter and gained 51.0% so far this year.
    * The company reported quarterly net income of $15.7
million.
    * Wall Street's median 12-month price target for Calumet
Specialty
Products Partners LP is $28.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.39          -1.08          Missed