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CMP — Compass Minerals International News Story

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Compass Minerals Q3 revenue meets estimates

Overview

Compass Minerals fiscal Q3 revenue meets expectations, rising to $214.6 mln

Adjusted EBITDA for fiscal Q3 rises 25% yr/yr, beating estimates

Adjusted EPS for fiscal Q3 misses expectations, at a loss of $0.39 per share

Outlook

Compass Minerals sees 2025 Salt revenue at $1,000 mln to $1,040 mln

Company expects 2025 Salt adj. EBITDA of $220 mln to $229 mln

Plant Nutrition 2025 revenue projected at $200 mln to $205 mln

Result Drivers

SALT BUSINESS - Increased sales volumes and reduced costs led to higher operating earnings and adjusted EBITDA

PLANT NUTRITION - Higher sales volumes and lower production costs improved operating income and adjusted EBITDA

FINANCIAL STRATEGY - Refinancing activities and asset sales reduced net debt and enhanced financial flexibility

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueIn-line$214.60 mln$214 mln (1 Analyst)
Q3 Adjusted EPSMiss-$0.39-$0.11 (1 Analyst)
Q3 Net Income-$17 mln
Q3 Adjusted EBITDABeat$41 mln$39 mln (1 Analyst)
Q3 EBIT$15.90 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the commodity chemicals peer group is "buy" Wall Street's median 12-month price target for Compass Minerals International Inc is $21.00, about 2.1% below its August 8 closing price of $21.44 The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 135 three months ago Press Release: ID:nBw3jJQ3xa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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