Markets Open Lower; U.S. Economy Adds Higher-Than-Expected Jobs In July
U.S. stocks traded lower this morning, following the release of jobs data
Calumet Specialty Q2 EPS $(0.19) Up From $(0.97) YoY, Sales $1.42B Beat $1.18B Estimate
Calumet Specialty (NASDAQ:CLMT) reported quarterly losses of $(0.19) per share. This is a 80.41 percent increase over losses of $(0.97) per share from the same period last year. The company reported quarterly sales of
Earnings Scheduled For August 5, 2022
Companies Reporting Before The Bell
• Reservoir Media (NASDAQ:RSVR) is projected to report quarterly loss at $0.05 per share on revenue of $18.19 million.
Dow Jumps More Than 200 Points; Samsung Sees This Much Surge In Quarterly Revenue
U.S. stocks traded higher midway through trading, with the Dow Jones jumping more than 200 points following the release of data on initial jobless claims.
89 Biggest Movers From Friday
Gainers
Revlon, Inc. (NYSE: REV) jumped 91.3% to close at $3.73 on Friday after the company filed for Chapter 11 bankruptcy.
33 Stocks Moving In Friday’s Mid-Day Session
Gainers
Revlon, Inc. (NYSE: REV) gained 81.5% to $3.54 following a report suggesting Reliance Industries is considering buying out the company, which recently filed for bankruptcy.
Looking Into Calumet Specialty’s Return On Capital Employed
Calumet Specialty (NASDAQ:CLMT) brought in sales totaling $1.10 billion during Q1 according to data provided by Benzinga Pro. However, earnings decreased 9.64%, resulting in a loss of $95.50 million.
Cowen & Co. Maintains Outperform on Calumet Specialty, Raises Price Target to $20
Cowen & Co. analyst Jason Gabelman maintains Calumet Specialty (NASDAQ:CLMT) with a Outperform and raises the price target from $18 to $20.
Calumet Specialty Q1 EPS $(1.18) Up From $(1.82) YoY, Sales $1.10B Beat $841.30M Estimate
Calumet Specialty (NASDAQ:CLMT) reported quarterly losses of $(1.18) per share. This is a 35.16 percent increase over losses of $(1.82) per share from the same period last year. The company reported quarterly sales of
Earnings Scheduled For May 6, 2022
Companies Reporting Before The Bell
• Brookfield Renewable (NYSE:BEP) is expected to report quarterly loss at $0.02 per share on revenue of $1.27 billion.