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HC Wainwright Issues Negative Estimate for Calumet Earnings
['Shane Hupp']
Ticker Report
Calumet, Inc. (NASDAQ:CLMT – Free Report) – HC Wainwright lowered their FY2027 earnings per share estimates for Calumet in a research note issued on Monday, August 10th.
HC Wainwright analyst A. Dayal now expects that the oil and gas company will post earnings per share of $0.59 for the year, down from their prior estimate of $0.69.
The oil and gas company reported ($1.09) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($1.16).
TD Cowen restated a “hold” rating on shares of Calumet in a research note on Wednesday, June 3rd.
Check Out Our Latest Stock Report on CLMTCalumet Stock Up 15.2%NASDAQ:CLMT opened at $45.47 on Tuesday.