Calumet (CLMT) Set to Post Quarterly Earnings on Friday

Calumet (NASDAQ:CLMT) is expected to issue its Q3 2026 results before the market opens on Friday, November 6th. Analysts expect Calumet to post earnings of $1.63 per share and revenue of $1.34 billion for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, November 6, 2026 at 9:00 AM ET.

Calumet (NASDAQ:CLMT) last issued its quarterly earnings data on Friday, August 7th. The oil and gas company reported ($1.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($1.16). The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the firm earned ($1.70) earnings per share. The business’s quarterly revenue was up 40.8% compared to the same quarter last year. On average, analysts expect Calumet to post $1.28 EPS for the current fiscal year and $2.61 EPS for the next fiscal year.

Calumet Stock Performance

CLMT opened at $43.60 on Thursday. The business has a 50 day moving average price of $53.63 and a 200 day moving average price of $38.78. Calumet has a twelve month low of $17.85 and a twelve month high of $59.87. The firm has a market cap of $3.83 billion, a P/E ratio of -28.13, a price-to-earnings-growth ratio of 0.76 and a beta of 0.65.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. TD Cowen lifted their price target on shares of Calumet from $34.00 to $40.00 and gave the company a “hold” rating in a research report on Wednesday, August 12th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $57.00 price objective on shares of Calumet in a report on Wednesday, October 21st. Zacks Research upgraded shares of Calumet from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. UBS Group raised their target price on shares of Calumet from $26.00 to $47.00 and gave the company a “neutral” rating in a research note on Tuesday, August 25th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Calumet in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $54.75.

Calumet Company Profile

Calumet, formerly known as Calumet Specialty Products Partners, L.P., is a manufacturer of specialty hydrocarbon products and renewable fuels. The company refines crude oil and other feedstocks into products used in industrial, transportation, commercial and consumer applications.

Its specialty product portfolio includes base oils, lubricants, waxes, solvents, asphalt and other highly engineered hydrocarbon products. Calumet also produces fuels and renewable fuels, including renewable diesel and sustainable aviation fuel-related products through its renewable fuels operations.

Founded in 1916, the company serves customers across the United States and supplies products to a range of industries, including automotive, energy, manufacturing, infrastructure and aviation.