Calumet Specialty Products Partners (CLMT) Tops Q3 EPS by 41c

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Calumet Specialty Products Partners, L.P. Reports Third Quarter 2015 Results

November 4, 2015 8:03 AM EST

INDIANAPOLIS, Nov. 4, 2015 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), a leading independent producer of specialty hydrocarbon and fuel products, reported a net loss for the quarter ended September 30, 2015 of $48.9 million, or $(0.68) per limited partner unit, compared to net income of $9.4 million, or $0.08 per diluted unit for the same quarter in 2014. Excluding special items, Calumet reported Adjusted Net Income of $71.1 million, or $0.86 per diluted unit, for the third quarter 2015.

Third quarter 2015 Adjusted Net Income excludes four special items: (1) a... More