Compass Minerals falls after bigger than expected Q4 loss

Compass Minerals International

16/12/2024 22:14

** Shares of commodity chemicals firm Compass Minerals
International  CMP.N  fall 6% to $11.85 in extended trading 
    ** Co reports Q4 adj. loss of 77 cents/shr vs est. loss of
45 cents/shr - data compiled by LSEG
    ** CMP posts FY 2024 adj. earnings of 8 cents/share vs est
of 10 cents/shr - data compiled by LSEG
    ** CMP forecasts salt sales volumes for 2025 at the midpoint
of outlook are expected to increase about 9% over 2024
    ** Company to continue to focus in fiscal 2025 on reducing
salt segment inventory across platform
    ** Up till last close, stock down 50.2% YTD

 (Reporting by Pooja Menon in Bengaluru)
 ((Pooja.Menon@thomsonreuters.com;))