Calumet Q2 revenue beats expectations, net loss widens

Reuters

Aug 08

Calumet <a href="https://laohu8.com/S/QTWO">Q2</a> revenue beats expectations, net loss widens

Overview

Calumet Q2 revenue beats analyst expectations, driven by strong Specialties performance
Net loss widens to $147.9 mln from $39.1 mln in prior year
Adjusted EBITDA with Tax Attributes rises to $76.5 mln, aided by cost savings

Outlook

Calumet expects Montana Renewables SAF production of 120-150 mln gallons by Q2 2026

Result Drivers

COST REDUCTIONS - Achieved $42 mln in year-over-year operating cost savings through first half of 2025
SPECIALTIES PERFORMANCE - Strong sales and margin expansion despite planned turnaround at Shreveport facility
MONTANA RENEWABLES - Record operational performance and reduced operating costs, enhancing competitive position

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue	Beat	$1.03 bln	$925.20 mln (5 Analysts)
Q2 EPS		-$1.7
Q2 Net Income		-$147.90 mln
Q2 Adjusted EBITDA		$55.10 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"
Wall Street's median 12-month price target for Calumet Inc is $17.00, about 12.3% above its August 7 closing price of $14.91

Press Release: ID:nPn2sNgSza

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2557526755"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2557526755\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2557526755?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-08 19:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2557526755","market":"nz","top_or_hot":-1,"title":"Calumet Q2 revenue beats expectations, net loss widens","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Calumet <a href=\"https://laohu8.com/S/QTWO\">Q2</a> revenue beats expectations, net loss widens</title></head><body><p><span>Overview</span></p><ul><li><p>Calumet Q2 revenue beats analyst expectations, driven by strong Specialties performance</p></li><li><p>Net loss widens to $147.9 mln from $39.1 mln in prior year</p></li><li><p>Adjusted EBITDA with Tax Attributes rises to $76.5 mln, aided by cost savings</p></li></ul><p><span>Outlook</span></p><ul><li><p>Calumet expects Montana Renewables SAF production of 120-150 mln gallons by Q2 2026</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>COST REDUCTIONS - Achieved $42 mln in year-over-year operating cost savings through first half of 2025</p></li><li><p>SPECIALTIES PERFORMANCE - Strong sales and margin expansion despite planned turnaround at Shreveport facility</p></li><li><p>MONTANA RENEWABLES - Record operational performance and reduced operating costs, enhancing competitive position</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q2 Revenue</p></td><td><p>Beat</p></td><td><p>$1.03 bln</p></td><td><p>$925.20 mln (5 Analysts)</p></td></tr><tr><td><p>Q2 EPS</p></td><td></td><td><p>-$1.7</p></td><td></td></tr><tr><td><p>Q2 Net Income</p></td><td></td><td><p>-$147.90 mln</p></td><td></td></tr><tr><td><p>Q2 Adjusted EBITDA</p></td><td></td><td><p>$55.10 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 3 \"strong buy\" or \"buy\", 3 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the oil &amp; gas refining and marketing peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Calumet Inc is $17.00, about 12.3% above its August 7 closing price of $14.91</p></li></ul><p>Press Release: <span>ID:nPn2sNgSza</span></p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Calumet Q2 revenue beats expectations, net loss widens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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gas refining and marketing peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for Calumet Inc is $17.00, about 12.3% above its August 7 closing price of $14.91</p></li></ul><p>Press Release: <span>ID:nPn2sNgSza</span></p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CLMT","symbol_name":"卡路美","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250808:nPLX1B5351:1","article_id":"2557526755","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557526755","pubTimestamp":1754652019,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Calumet Q2 revenue beats expectations, net loss widensOverviewCalumet Q2 revenue beats analyst expectations, driven by strong Specialties performanceNet loss widens to $147.9 mln from $39.1 mln in pri","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CLMT":"卡路美"},"translate_title":"Calumet第二季度营收超出预期，净亏损扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLMT":0.9},"content_text":"Calumet Q2 revenue beats expectations, net loss widensOverviewCalumet Q2 revenue beats analyst expectations, driven by strong Specialties performanceNet loss widens to $147.9 mln from $39.1 mln in prior yearAdjusted EBITDA with Tax Attributes rises to $76.5 mln, aided by cost savingsOutlookCalumet expects Montana Renewables SAF production of 120-150 mln gallons by Q2 2026Result DriversCOST REDUCTIONS - Achieved $42 mln in year-over-year operating cost savings through first half of 2025SPECIALTIES PERFORMANCE - Strong sales and margin expansion despite planned turnaround at Shreveport facilityMONTANA RENEWABLES - Record operational performance and reduced operating costs, enhancing competitive positionKey DetailsMetricBeat/MissActualConsensus EstimateQ2 RevenueBeat$1.03 bln$925.20 mln (5 Analysts)Q2 EPS-$1.7Q2 Net Income-$147.90 mlnQ2 Adjusted EBITDA$55.10 mlnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 3 \"strong buy\" or \"buy\", 3 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the oil & gas refining and marketing peer group is \"buy\"Wall Street's median 12-month price target for Calumet Inc is $17.00, about 12.3% above its August 7 closing price of $14.91Press Release: ID:nPn2sNgSza(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}