financetom
Business
financetom
/
Business
/
Calumet Specialty's Q2 Net Loss Widens, Revenue Rises
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Calumet Specialty's Q2 Net Loss Widens, Revenue Rises
Aug 9, 2024 5:38 AM

08:08 AM EDT, 08/09/2024 (MT Newswires) -- Calumet Specialty Products Partners (CLMT) reported a Q2 net loss Friday of $0.48 per diluted unit, widening from a loss of $0.27 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.55.

Sales for the quarter ended June 30 were $1.13 billion, up from $1.02 billion a year earlier.

Analysts surveyed by Capital IQ expected $889.2 million.

Shares of the company were up 5.2% in recent premarket activity.

Price: 12.40, Change: +0.61, Percent Change: +5.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pfizer's cancer drug combo improves overall survival in late-stage study
Pfizer's cancer drug combo improves overall survival in late-stage study
Oct 10, 2024
Oct 10 (Reuters) - Pfizer ( PFE ) said on Thursday a combination of its drugs, Talzenna and Xtandi, helped prolong the lives of patients with a type of advanced prostate cancer in a late-stage study. The drug combination showed a significant improvement in the overall survival in patients with metastatic castration-resistant prostate cancer (mCRPC) regardless of the presence of...
Market Chatter: HSBC to Slash Pricey Senior Management Roles to Trim Costs
Market Chatter: HSBC to Slash Pricey Senior Management Roles to Trim Costs
Oct 10, 2024
07:13 AM EDT, 10/10/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) Chief Executive Georges Elhedery plans to lay off senior bankers to reduce as much as $300 million, the Financial Times reported Thursday, citing unnamed people familiar with the matter. Elhedery seeks to merge HSBC's ( HSBC ) commercial banking division with its global banking and markets unit to...
Domino's Pizza Fiscal Q3 Earnings, Revenue Rise; Lowers  Fiscal 2024 Guidance
Domino's Pizza Fiscal Q3 Earnings, Revenue Rise; Lowers Fiscal 2024 Guidance
Oct 10, 2024
07:14 AM EDT, 10/10/2024 (MT Newswires) -- Domino's Pizza (DPZ) reported fiscal Q3 earnings Thursday day of $4.19 per diluted share, up from $4.18 a year earlier. Analysts polled by Capital IQ expected $3.64. Total revenue for the fiscal quarter ended Sept. 8 was $1.08 billion, up from $1.03 billion a year earlier. Analysts surveyed by Capital IQ expected $1.01...
Market Chatter: UBS Technology Chief Says Credit Suisse Integration on Target
Market Chatter: UBS Technology Chief Says Credit Suisse Integration on Target
Oct 10, 2024
07:13 AM EDT, 10/10/2024 (MT Newswires) -- UBS (UBS) Chief Operations and Technology Officer Mike Dargan is confident that the integration of Credit Suisse is bang on target after a successful test migration of hundreds of Credit Suisse clients from Hong Kong and Singapore to the UBS platform, Reuters reported Thursday. UBS plans to migrate a total of 1.3 million...
Copyright 2023-2026 - www.financetom.com All Rights Reserved