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

Compass

31/07/2024 22:53

* Compass Inc  COMP.N  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of -10
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 2 cents per share. Wall Street expected
results to range from zero cents to 5 cents per share.
    * Revenue rose 13.8% to $1.70 billion from a year ago;
analysts
expected $1.64 billion. 
    * Compass Inc's reported EPS for the quarter was 4 cents​.
    * The company reported quarterly net income of $20.7
million.
    * Compass Inc shares had risen by 23.9% this quarter and
gained 18.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.7%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Compass Inc is
$4.00 
This summary was machine generated from LSEG data July 31 at
09:53 p.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
 Jun. 30 2024      0.02           0.04           Beat
 Mar. 31 2024      -0.22                         
 Dec. 31 2023      -0.18                         
 Sep. 30 2023      -0.08          -0.08          Met