Calumet Specialty Prods: Q1 Earnings Insights

Calumet Specialty Prods CLMT reported its Q1 earnings results on Friday, May 5, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Calumet Specialty Prods beat estimated earnings by 400.0%, reporting an EPS of $0.35 versus an estimate of $0.07.

Revenue was down $61.00 million from the same period last year.

Last quarter the company missed on EPS by $0.86 which was followed by a 8.12% increase in the share price the next day.

Here's a look at Calumet Specialty Prods's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0	0.33	0.27	-0.52
EPS Actual	-0.86	0.19	-0.19	-1.18
Revenue Estimate	904.43M	1.01B	1.18B	841.30M
Revenue Actual	999.80M	1.17B	1.42B	1.10B

To track all earnings releases for Calumet Specialty Prods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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