19.02.2014 13:24:11
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Calumet Specialty Products Partners Posts Q4 Loss - Quick Facts
(RTTNews) - Calumet Specialty Products Partners, L.P. (CLMT) reported a net loss for the fourth quarter of $15.5 million, compared to net income of $45.7 million, prior year. Net loss available to limited partners was $19.0 million, compared to profit of $42.4 million, prior year. Limited partners' interest loss per unit was $0.27, compared to profit of $0.73, prior year.
The company noted that its fourth-quarter 2013 results include $2.8 million of noncash unrealized derivative gains compared to $7.5 million of noncash unrealized derivative gains in the prior year period.
On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.06 for the quarter. Analysts' estimates typically exclude special items.
Sales were $1.24 billion, compared to $1.22 billion, prior year. Analysts expected revenue of $1.26 billion for the quarter.
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