Calumet (CLMT) to Release Earnings on Friday

Key Points

• Calumet (CLMT) is set to release its Q2 2025 earnings on August 8th, with expectations of a loss of ($0.42) per share and revenue of $982.88 million.
• The company reported a previous quarterly EPS of ($1.03), missing estimates by ($0.62), while revenue was down 1.2% year over year.
• Calumet stock has seen recent insider activity with significant sales, including 100,000 shares sold by Director Jennifer Straumins at an average price of $13.17.

Calumet (NASDAQ:CLMT - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Friday, August 8th. Analysts expect the company to announce earnings of ($0.42) per share and revenue of $982.88 million for the quarter.

Calumet (NASDAQ:CLMT - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The oil and gas company reported ($1.03) earnings per share for the quarter, missing analysts' consensus estimates of ($0.41) by ($0.62). The business had revenue of $993.90 million for the quarter, compared to analysts' expectations of $899.62 million. During the same quarter in the prior year, the company earned ($0.51) EPS. Calumet's quarterly revenue was down 1.2% on a year-over-year basis. On average, analysts expect Calumet to post $-3 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Calumet Stock Down 1.2%

CLMT traded down $0.18 during trading on Monday, reaching $15.33. 94,748 shares of the company's stock were exchanged, compared to its average volume of 1,232,889. Calumet has a fifty-two week low of $7.68 and a fifty-two week high of $25.29. The business has a 50 day moving average price of $15.60 and a 200 day moving average price of $14.05. The company has a market capitalization of $1.32 billion, a P/E ratio of -3.83 and a beta of 0.91.

Analysts Set New Price Targets

A number of research firms have weighed in on CLMT. The Goldman Sachs Group decreased their price target on shares of Calumet from $16.00 to $14.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Bank of America began coverage on shares of Calumet in a research note on Tuesday, May 13th. They set a "buy" rating and a $15.00 price target on the stock. Finally, Wells Fargo & Company decreased their price target on shares of Calumet from $23.00 to $21.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, Calumet presently has a consensus rating of "Hold" and a consensus target price of $18.50.

Insider Activity

In related news, SVP Gregory J. Morical sold 25,123 shares of the company's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $16.69, for a total transaction of $419,302.87. Following the transaction, the senior vice president owned 39,415 shares in the company, valued at $657,836.35. This represents a 38.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jennifer Straumins sold 100,000 shares of the company's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $13.17, for a total transaction of $1,317,000.00. Following the transaction, the director owned 1,084,589 shares in the company, valued at approximately $14,284,037.13. This trade represents a 8.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 275,123 shares of company stock worth $4,113,303. 4.07% of the stock is owned by corporate insiders.

About Calumet

Calumet, Inc engages in the manufacturing, formulating, and marketing of a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. It operates through the following segments: Specialty Products & Solutions, Performance Brands, Montana/Renewables, and Corporate.