Compass Minerals International Inc reports results for the quarter ended in March - Earnings Summary

Compass Minerals International

07/05/2024 23:23

* Compass Minerals International Inc  CMP.N  reported a
quarterly
adjusted loss of $1.16​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of -46 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 27 cents per
share. Wall Street expected results to range from 3 cents to 63
cents per share.
    * Revenue fell 11.5% to $364.00 million from a year ago;
analysts
expected $393.95 million. 
    * Compass Minerals International Inc shares had fallen
by 16.1%
this quarter and lost 47.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 53%
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 "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commodity
chemicals
peer group is also "buy"

Wall Street's median 12-month price target for Compass Minerals
International Inc is $20.00 
This summary was machine generated from LSEG data May 7 at 10:23
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
 Mar. 31 2024      0.27           -1.16          Missed
 Dec. 31 2023      0.26           0.05           Missed
 Sep. 30 2023      -0.04          -0.06          Missed
 Jun. 30 2023      -0.11          0.63           Beat