Calumet earnings beat by $1.36, revenue topped estimates

Calumet (CLMT) reported Q3 EPS of $2.91, beating estimates by $1.36, with revenue at $1.68B, topping consensus of $1.26B. Stock is down 4.66% in 3 months but up 125.90% in 12 months. InvestingPro rates its financial health as 'fair performance'.

Original reporting
Published Nov 6, 2026, 12:09 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 6, 2026, 12:19 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$CLMT
Bullish
medium confidence
Mentioned
$CLMT
Relevance
8/10
AlphAI data visualization · based on investing.com
Decision brief

The 30-second read

$CLMTBullishMed
01

Why it matters

A clear EPS and revenue beat can re-rate expectations for near-term fundamentals, but traders will still need guidance and cash-flow/margin context to judge forward earnings power.

02

Market read

This is a company-specific earnings disclosure with quantified beat figures, which can drive same-day positioning and volatility.

03

What to watch

The article omits management commentary, backlog/order trends, and any balance-sheet or cash-flow changes that often determine whether an earnings beat sustains the stock move.

Relevance 8/10Novelty 8/10Timing: reported at 12:09 UTC, same-day earnings reaction likely

Background

The article is a first-pass earnings recap for Calumet’s third quarter results versus analyst consensus.

Company-level read

Ticker impact

$CLMTBullishMedium confidence
Context

Calumet (CLMT) reported Q3 EPS of $2.910 versus $1.550 consensus and revenue of $1.68B versus $1.26B.

Expected impact

Likely upward bias as the market digests the beat versus consensus, with follow-through depending on any subsequent commentary not included here.

Evidence & confidence

The piece contains the quarter’s headline EPS and revenue beats, which typically drive immediate repricing; however, it lacks forward guidance, segment performance, or management commentary that would determine the magnitude and persistence of the move.

Market effects

Limited spillover; this is a single-company earnings print with no sector-wide datapoints.

No explicit regional macro or cross-border catalyst mentioned.

No global linkage beyond general market sentiment from an earnings beat.

Counterpoint

Without guidance, investors may fade the initial beat if quality of earnings, margins, or demand trends deteriorate.

Key entities

  • Calumet

    NASDAQ-listed company reporting Q3 EPS and revenue beats versus consensus.

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$CLMTMed

What Calumet (CLMT) Said on Its Q3 Earnings Call

Calumet (CLMT) reported Q3 earnings, highlighting a completed turnaround at its Shreveport facility and progress on Montana Renewables' expansion. Adjusted EBITDA for Montana Renewables was $110.6M, with CMR contributing $40.8M. The company plans to increase sustainable aviation fuel production, with a path to 200M gallons annually by 2028. Debt reduction remains a priority, with $175M in 2028 notes outstanding.

$CLMTHighAI 8/10

Calumet Reports Third Quarter 2026 Results

Calumet, Inc. /DE (CLMT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Calumet Reports Third Quarter 2026 Results • Third Quarter 2026 net income of $273.3 million, or basic earnings per common share of $2.91 • Third Quarter 2026 Adjusted EBITDA with Tax Attributes of $347.2 million • Accelerated deleveraging continues with approximatel

$CLMTMedAI 8/10

Quarterly profit was $273 million; Calumet retired about $265 million of debt since July.

Calumet reported Q3 2026 net income of $273.3M, up from a loss in 2025. Adjusted EBITDA reached $347.2M, driven by strong performance in Specialty Products and record earnings in Montana Renewables. The company retired $265M in debt since July. CEO Todd Borgmann highlighted accelerated deleveraging and growth strategy. Calumet operates in specialty products and renewable fuels, headquartered in Indianapolis.