Calumet Specialty Products Partners (Nasdaq: CLMT ) is expected to report Q4 earnings on Feb. 13. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Calumet Specialty Products Partners's revenues will increase 0.5% and EPS will expand 175.0%.
The average estimate for revenue is $1.02 billion. On the bottom line, the average EPS estimate is $0.66.
Last quarter, Calumet Specialty Products Partners tallied revenue of $1.18 billion. GAAP reported sales were 52% higher than the prior-year quarter's $777.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.07. GAAP EPS of $0.69 for Q3 were 50% higher than the prior-year quarter's $0.46 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 13.4%, 100 basis points better than the prior-year quarter. Operating margin was 9.7%, 550 basis points better than the prior-year quarter. Net margin was 3.6%, 110 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $4.48 billion. The average EPS estimate is $3.48.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 454 members out of 481 rating the stock outperform, and 27 members rating it underperform. Among 149 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 144 give Calumet Specialty Products Partners a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Calumet Specialty Products Partners is hold, with an average price target of $30.75.
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