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Will These Numbers from Calumet Specialty Products Partners Be Good Enough for You?

By Seth Jayson - Updated Apr 10, 2017 at 1:53PM

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Checking expectations

Calumet Specialty Products Partners (Nasdaq: CLMT) is expected to report Q1 earnings around April 15. 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 grow 1.0% and EPS will grow 102.2%.

The average estimate for revenue is $1.18 billion. On the bottom line, the average EPS estimate is $0.93.

Revenue details
Last quarter, Calumet Specialty Products Partners booked revenue of $1.22 billion. GAAP reported sales were 20% higher than the prior-year quarter's $1.02 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.60. GAAP EPS of $0.73 for Q4 were 43% higher than the prior-year quarter's $0.51 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 11.6%, 370 basis points better than the prior-year quarter. Operating margin was 6.0%, 140 basis points better than the prior-year quarter. Net margin was 3.7%, 110 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.41 billion. The average EPS estimate is $4.46.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Calumet Specialty Products Partners is outperform, with an average price target of $32.75.

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Stocks Mentioned

Calumet Specialty Products Partners, L.P. Stock Quote
Calumet Specialty Products Partners, L.P.
CLMT
$12.79 (-0.70%) $0.09

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