Calumet Specialty Products Partners Lp Earnings: Your Sneak Peek to the Big Announcement

Calumet Specialty Products Partners Lp (NASDAQ:CLMT) will report earnings before markets open on Wednesday, May 8th. Calumet Specialty Products Partners, L.P. produces specialty hydrocarbon products for domestic and international customers. The Company processes crude oil into a variety of customized lubricating oils, solvents, and waxes. Calumet also processes crude oil into a variety of fuel and fuel-related products, including unleaded gasoline, diesel fuel, and jet fuel.

Here is your Cheat Sheet to Calumet Specialty Products Partners Lp Earnings:

Earnings Expectations: Analysts expect earnings of $1.04 per share on revenues of $1.28 billion. Currently, the company’s P/E ratio stands at 10.32.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.2 to a profit $1.29. For the current year, the average estimate is a profit of $4.45, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Calumet Specialty Products Partners Lp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,489 1,847 2,191 3,135 4,657
Diluted EPS ($) 1.35 1.87 0.46 0.98 3.50

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,018 1,170 1,087 1,180 1,221
Diluted EPS ($) 1.317 0.97 1.14 0.69 4.270

Past Performance:
Calumet Specialty Products Partners Lp has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)