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Calumet Specialty Products Partners Posts Loss In Q1

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Calumet Specialty Products Partners, L.P. (CLMT) reported a first quarter net loss attributable to limited partners of $40.8 million compared to profit of $18.2 million, last year. Limited partners' interest of net loss per unit was $0.51 compared to profit of $0.23. On average, seven analysts polled by Thomson Reuters expected the company to report a loss per share of $0.67, for the quarter. Analysts' estimates typically exclude special items.

Sales were $1.01 billion compared to $1.04 billion, previous year. Analysts on average had estimated $900.79 million in revenue.

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