Calumet Swings to Q3 Loss, Sales Fall-February 2024-www.financetom.com

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Calumet Swings to Q3 Loss, Sales Fall

Nov 9, 2024 1:03 PM

07:32 AM EST, 11/08/2024 (MT Newswires) -- Calumet (CLMT) reported a Q3 loss Friday of $1.18 per diluted share, swinging from earnings of $1.24 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.60.

Sales for the quarter ended Sept. 30 were $1.10 billion, compared with $1.15 billion a year earlier.

Four analysts surveyed by Capital IQ expected $972.1 million.

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