What were Calumet's Q1 2026 earnings per share, and how did they compare to analyst expectations?

Calumet reported Q1 2026 earnings per share of ($3.64), which significantly missed analyst estimates of ($0.57).

What key operational and market factors did Calumet cite to explain its Q1 2026 financial results?

Calumet attributed the poor earnings to an unexpected operational issue at its Shreveport plant that caused substantial lost production and opportunity, while also highlighting positive impacts from biofuel rules and improved fuels margins for its Montana Renewables segment.

Calumet (NASDAQ:CLMT) Issues Earnings Results

May 9, 2026

Calumet Specialty Products Partners missed Q1 2026 earnings estimates with a $3.64 loss per share despite revenue growth. Operational issues at its Shreveport plant impacted production, while biofuel regulations supported margins ahead of a 7.3% stock decline.

MarketBeat

2026-05-08

Calumet Specialty Products Partners Beats Q1 CY2026 Sales Estimates

2026-05-09

Calumet Specialty Products Partners Q1 2026 Earnings Call Highlights

2026-05-09

Calumet (NASDAQ:CLMT) Issues Earnings Results

2026-05-13

Calumet Q1 Earnings Call Highlights

2026-07-29

HC Wainwright Forecasts Calumet Q1 Earnings