Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) producer and seller of specialty hydrocarbon products in North America, is reporting third quarter earnings results on Friday 6th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.38 per share.
For the full year, analysts predict revenues of $ 2222.99 million, while looking forward to loss of $ 0.58 per share.
Previous Quarter Performance
Calumet Specialty Products Partners, L.P. unfold loss for the second quarter of $ 0.25 per share, from the revenue of $ 453.70 million. The quarterly revenues fell 49.41 percent compared with the same quarter last year. According to street consensus, CLMT was expected to report 2Q20 loss of $ 0.22 per share from revenue of $ 462.41 million. The bottom line results missed street analysts by $ 0.03 or 13.64 percent, at the same time, top line results fell short of analysts by $ 8.71 million or 1.88 percent.
Stock Performance
Shares of Calumet Specialty Products Partners, L.P. traded up $ 0.04 or 1.11 percent on Thursday, reaching $ 3.64 with volume of 135.50 thousand shares. Calumet Specialty Products Partners, L.P. has traded high as $ 3.70 and has cracked $ 3.56 on the downward trend
According to the previous trading day, closing price of $ 3.64, representing a 339.02 % increase from the 52 week low of $ 0.82 and a 23.4 % decrease over the 52 week high of $ 4.70.
The company has a market capital of $ 283.94 million and is part of the Energy sector and Oil & Gas Refining & Marketing industry.
Conference Call
Calumet Specialty Products Partners, L.P. will be hosting a conference call at 9:00 AM eastern time on 6th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.calumetspecialty.com
Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America and internationally. It operates in two segments, Specialty Products and Fuel Products.
