Calumet Specialty Products Partners (NASDAQ:CLMT - Get Free Report) will be releasing its earnings data before the market opens on Friday, November 8th. Analysts expect Calumet Specialty Products Partners to post earnings of ($0.59) per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.
Calumet Specialty Products Partners (NASDAQ:CLMT - Get Free Report) last posted its quarterly earnings results on Friday, August 9th. The oil and gas company reported ($0.48) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.55) by $0.07. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $889.17 million. During the same quarter in the previous year, the business earned ($0.19) earnings per share. Calumet Specialty Products Partners's revenue was up 11.4% compared to the same quarter last year. On average, analysts expect Calumet Specialty Products Partners to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Calumet Specialty Products Partners Trading Down 1.0 %
CLMT stock traded down $0.21 during midday trading on Friday, hitting $21.12. The company had a trading volume of 610,679 shares, compared to its average volume of 375,598. Calumet Specialty Products Partners has a 52 week low of $9.97 and a 52 week high of $25.29. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of -66.00 and a beta of 1.92. The stock's 50 day moving average price is $19.08 and its 200 day moving average price is $16.75.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on CLMT shares. Wells Fargo & Company raised their price target on shares of Calumet Specialty Products Partners from $25.00 to $29.00 and gave the stock an "overweight" rating in a report on Monday, October 21st. TD Cowen upped their price target on Calumet Specialty Products Partners from $22.00 to $27.00 and gave the company a "buy" rating in a research report on Thursday, October 17th. The Goldman Sachs Group cut their price objective on Calumet Specialty Products Partners from $17.00 to $15.00 and set a "buy" rating on the stock in a research report on Monday, August 5th. HC Wainwright restated a "buy" rating and set a $25.00 target price on shares of Calumet Specialty Products Partners in a report on Thursday, October 17th. Finally, StockNews.com assumed coverage on shares of Calumet Specialty Products Partners in a report on Wednesday, October 23rd. They issued a "sell" rating on the stock. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $24.00.
View Our Latest Research Report on Calumet Specialty Products Partners
Calumet Specialty Products Partners Company Profile
(
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Calumet, Inc manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Montana/Renewables; and Performance brands segments.
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