Calumet Specialty Products Partn (NASDAQ: CLMT) has reported a loss for its first fiscal quarter (ending March 31) of $-0.51 versus $0.23 for the same period a year ago — a decline of -322%. This result fell short of the consensus estimate of $0.13 by $-0.64. E.P.S. were $-0.15 for the latest four quarters through March 31 versus $-0.63 for the same period a year ago.
Recent Price Action
Calumet Specialty Products Partn (NASDAQ: CLMT) stock declined modestly by -1.2% on 5/10/24. The stock closed at $15.97. Moreover, trading volume in this decline was above average at 125% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
CLMT is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Calumet Specialty Products Partn is currently unrated.
Rating Review
The stock is currently unrated.
Be the first to comment