Calumet (CLMT) Q2 Revenue Tops by 11%

Calumet (NASDAQ:CLMT), a producer of specialty hydrocarbon products and renewable fuels, released its financial results for the second quarter of fiscal 2025 on August 8, 2025. The key headline: revenue (GAAP) climbed to $1,026.6 million in Q2 2025, beating analyst estimates by nearly $101.4 million, or 10.96% (GAAP). However, the bottom line disappointed—its net loss came in at $(1.70) per share (GAAP) in Q2 2025, which was much steeper than the projection of $(0.34) per share (GAAP). Adjusted EBITDA fell to $55.1 million in Q2 2025 from $74.8 million in Q2 2024. Cost-cutting initiatives were a bright spot, with reductions surpassing $42 million in the first half of 2025, but persistent losses and segment volatility limited the overall assessment of the quarter. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Calumet manufactures and sells specialty hydrocarbon products such as lubricating oils, solvents, waxes, and performance fluids. It also operates in the renewable fuels space, with a major focus on sustainable aviation fuel (SAF). Its business is divided into key segments: Specialty Products and Solutions, Performance Brands, and Montana Renewables, which produces renewable fuels. Each segment caters to distinct industrial, consumer, and energy markets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool