Research Analysts Issue Forecasts for CLMT Q2 Earnings

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) – Equities researchers at HC Wainwright lowered their Q2 2025 earnings estimates for Calumet Specialty Products Partners in a research note issued to investors on Monday, May 12th. HC Wainwright analyst A. Dayal now anticipates that the oil and gas company will earn ($0.40) per share for the quarter, down from their previous forecast of ($0.34). HC Wainwright currently has a “Buy” rating and a $33.00 target price on the stock. The consensus estimate for Calumet Specialty Products Partners’ current full-year earnings is ($3.02) per share. HC Wainwright also issued estimates for Calumet Specialty Products Partners’ Q3 2025 earnings at ($0.27) EPS, Q4 2025 earnings at ($0.17) EPS, FY2025 earnings at ($1.88) EPS, FY2026 earnings at ($0.15) EPS, FY2027 earnings at $0.80 EPS and FY2028 earnings at $1.69 EPS.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company cut their price objective on shares of Calumet Specialty Products Partners from $28.00 to $23.00 and set an “overweight” rating on the stock in a report on Wednesday, April 9th. Bank of America initiated coverage on shares of Calumet Specialty Products Partners in a report on Tuesday. They issued a “buy” rating and a $15.00 price objective on the stock. UBS Group upgraded shares of Calumet Specialty Products Partners from a “sell” rating to a “neutral” rating and cut their price objective for the company from $15.00 to $12.00 in a report on Monday, March 17th. TD Cowen lowered shares of Calumet Specialty Products Partners from a “buy” rating to a “hold” rating and cut their price objective for the company from $26.00 to $16.00 in a report on Tuesday, March 4th. Finally, The Goldman Sachs Group cut their price objective on shares of Calumet Specialty Products Partners from $16.00 to $14.00 and set a “buy” rating on the stock in a report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $18.83.

Calumet Specialty Products Partners Price Performance

CLMT opened at $14.00 on Wednesday. Calumet Specialty Products Partners has a one year low of $7.68 and a one year high of $25.29. The company’s 50 day simple moving average is $11.23 and its 200-day simple moving average is $16.47. The stock has a market capitalization of $1.21 billion, a P/E ratio of -5.07 and a beta of 0.89.

Calumet Specialty Products Partners (NASDAQ:CLMT) last released its quarterly earnings results on Friday, May 9th. The oil and gas company reported ($1.03) EPS for the quarter, missing the consensus estimate of ($0.41) by ($0.62). The firm had revenue of $993.90 million for the quarter, compared to analyst estimates of $899.62 million. During the same quarter in the prior year, the business earned ($0.51) earnings per share. Calumet Specialty Products Partners’s revenue was down 1.2% compared to the same quarter last year.

Insiders Place Their Bets

In other Calumet Specialty Products Partners news, Director Stephen P. Mawer sold 3,655 shares of the stock in a transaction on Tuesday, April 22nd. The shares were sold at an average price of $9.29, for a total value of $33,954.95. Following the sale, the director now directly owns 283,652 shares in the company, valued at approximately $2,635,127.08. This trade represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO David Lunin bought 2,500 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was purchased at an average price of $13.05 per share, for a total transaction of $32,625.00. Following the completion of the acquisition, the chief financial officer now owns 2,500 shares of the company’s stock, valued at approximately $32,625. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 2.91% of the company’s stock.

About Calumet Specialty Products Partners

Calumet, Inc engages in the manufacturing, formulating, and marketing of a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. It operates through the following segments: Specialty Products & Solutions, Performance Brands, Montana/Renewables, and Corporate.