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Calumet reports Q4 EPS (47c), consensus (37c)

Calumet reports Q4 EPS (47c), consensus (37c)

Reports Q4 revenue $949.5M, consensus $921.76M. “The past twelve months of strategic activity at Calumet (CLMT) has fundamentally reset the company’s foundation,” said Todd Borgmann, CEO. “Successfully completing the conversion to a C-Corporation, receiving the first DOE funding under the new administration, derisking Montana Renewables operations, and continuing to widen the competitive moat around our Specialties business positions the company to succeed against our top priority of deleveraging the balance sheet and growing cash flows.”

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