Calumet (NASDAQ:CLMT) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.19b (flat on FY 2023).
• Net loss: US$222.0m (down from US$47.1m profit in FY 2023).
• US$2.67 loss per share (down from US$0.59 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Calumet EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%.

Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Oil and Gas industry in the US.

Performance of the American Oil and Gas industry.

The company's shares are down 4.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Calumet (1 shouldn't be ignored!) that you should be aware of.

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