Alert: New Earnings Report (8/9/24)-Calumet Specialty Products Partn (NASDAQ: CLMT).

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Calumet Specialty Products Partn (NASDAQ: CLMT) has reported E.P.S. of $-0.48 for its second fiscal quarter (ending June 30) versus $-0.27 for the same period a year ago. E.P.S. were $-0.35 for the latest four quarters through June 30 versus $-0.72 for the same period a year ago.

Recent Price Action

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On 8/9/24, Calumet Specialty Products Partn (NASDAQ: CLMT) stock enjoyed a major increase of 15.7%, closing at $13.64. Moreover, trading volume in this advance was exceptionally high at 353% of normal. Relative to the market the stock has been weak over the last nine months but has risen 7.7% 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.

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