Calumet (CLMT) reported a Q4 net loss Friday of $0.47 per diluted unit, narrowing from a loss of $0.59 a year earlier.

Analysts polled by FactSet expected a loss of $0.73.

Sales for the quarter ended Dec. 31 were $949.5 million, down from $976.5 million a year earlier.

Analysts surveyed by FactSet expected $866.2 million.

Calumet shares were down 0.5% in recent Friday premarket activity.