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BRIEF-Calumet Specialty Products Partners Q4 net loss $1.01/unit
February 24, 2017 / 11:41 AM / 7 months ago

BRIEF-Calumet Specialty Products Partners Q4 net loss $1.01/unit

Feb 24 (Reuters) - Calumet Specialty Products Partners Lp

* Calumet specialty products partners, l.p. Reports fourth quarter and full year 2016 results

* Qtrly diluted net loss per unit $1.01

* Qtrly sales $ 946.9 million versus $ 898.0 million

* Calumet specialty products partners lp sees fy 2017 total capital spending for fiscal year 2017 is expected to range from $120 million and $140 million

* Calumet specialty products partners lp - cost saving efforts will remove an additional $10 million to $20 million in annualized sg&a expenses

* Calumet specialty products partners lp - on track to hit original $150 million to $200 million adjusted ebitda target by end of fiscal year 2018

* Calumet specialty products - fuel products segment results for 2016 negatively impacted by 31.4% y-o-y decline in benchmark gulf coast 2/1/1 crack spread Source text for Eikon: Further company coverage:

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