Compass Inc reports results for the quarter ended in December - Earnings Summary

Compass

28/02/2024 05:17

* Compass Inc  COMP.N  reported a quarterly adjusted loss
of 17
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -36
cents.  The mean expectation of nine analysts for the quarter
was for a loss of 18 cents per share. Wall Street expected
results to range from -24 cents to -16 cents per share.
    * Revenue fell 1% to $1.10 billion from a year ago; analysts
expected $1.13 billion. 
    * Compass Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $83.7 million.
    * Compass Inc shares had fallen by 9.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for Compass Inc is
$3.30 
This summary was machine generated from LSEG data February 28 at
05:16 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.18          -0.17          Beat
 Sep. 30 2023      -0.08          -0.08          Met
 Jun. 30 2023      -0.05          -0.10          Missed
 Mar. 31 2023      -0.34          -0.33          Beat