Preview: Calumet Specialty Prods's Earnings
Portfolio Pulse from Benzinga Insights
Calumet Specialty Prods (NASDAQ:CLMT) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an EPS of $-0.07. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to an immediate increase in share price. The stock is currently trading at $15.97, up 2.52% over the last 52-week period.
August 04, 2023 | 2:07 pm
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Calumet Specialty Prods is expected to report an EPS of $-0.07. Despite past EPS beats, this has not always resulted in immediate share price increases. The stock is currently up 2.52% over the last 52 weeks.
The company's earnings report is a key event that could impact its stock price. However, past performance shows that beating EPS estimates does not always lead to an immediate increase in share price. This uncertainty makes the short-term impact on the stock price neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100