Calumet's Q1 Loss Widens, Revenue Falls; Shares Down

MT Newswires Live

05/09

Calumet (CLMT) reported a Q1 loss Friday of $1.87 per diluted share, wider than a loss of $0.51 a year earlier.

Analysts polled by FactSet expected a loss $0.51.

Revenue for the quarter ended March 31 was $993.9 million compared with $1.01 billion a year earlier.

Analysts surveyed by FactSet expected $891.4 million.

Shares of the company fell 5.1% in recent premarket activity.

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