Calumet Specialty's Q2 Net Loss Widens, Revenue Rises

MT Newswires Live08-09

Calumet Specialty Products Partners (CLMT) reported a Q2 net loss Friday of $0.48 per diluted unit, widening from a loss of $0.27 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.55.

Sales for the quarter ended June 30 were $1.13 billion, up from $1.02 billion a year earlier.

Analysts surveyed by Capital IQ expected $889.2 million.

Shares of the company were up 5.2% in recent premarket activity.

Price: 12.40, Change: +0.61, Percent Change: +5.17

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