Calumet Specialty (NASDAQ:CLMT) reported its Q1 earnings results on Friday, May 6, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Calumet Specialty missed estimated earnings by 126.92%, reporting an EPS of $-1.18 versus an estimate of $-0.52.
Revenue was up $497.70 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.69 which was followed by a 0.2% increase in the share price the next day.
Here's a look at Calumet Specialty's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.39 | -0.15 | -0.05 | -0.62 |
| EPS Actual | -1.08 | 0.64 | -0.97 | -1.82 |
| Revenue Estimate | 741.39M | 789.33M | 693.39M | 492.52M |
| Revenue Actual | 865.80M | 874.90M | 807.00M | 600.30M |
To track all earnings releases for Calumet Specialty visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
