Calumet Specialty Prods Q2 EPS $(0.23) Misses $(0.07) Estimate, Sales $1.02B Miss $1.09B Estimate
Portfolio Pulse from Benzinga Newsdesk
Calumet Specialty Prods (NASDAQ:CLMT) reported Q2 losses of $(0.23) per unit, missing the analyst consensus estimate of $(0.07) by 228.57%. The company also reported quarterly sales of $1.02 billion, missing the analyst consensus estimate of $1.09 billion by 6.95%. This represents a decrease in both earnings and sales compared to the same period last year.
August 04, 2023 | 3:09 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Calumet Specialty Prods reported Q2 losses and sales that missed analyst estimates. This could negatively impact the company's stock price.
Calumet Specialty Prods reported larger than expected losses and lower than expected sales for Q2. This negative financial performance could lead to a decrease in the company's stock price as it indicates the company is underperforming compared to analyst expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100