CompoSecure Inc reports results for the quarter - Earnings Summary

GPGI (Nevada)

08/11/2024 16:19

* CompoSecure Inc  CMPO.OQ  reported quarterly adjusted
earnings
of 27 cents​​ per share for the quarter , higher than the same
quarter last year, when the company reported EPS of 24 cents. 
The mean expectation of seven analysts for the quarter was
for earnings of 29 cents per share. Wall Street expected
results to range from 22 cents to 37 cents per share.
    * Revenue rose 10.6% to $107.14 million from a year ago;
analysts
expected $105.48 million. 
    * CompoSecure Inc's reported EPS for the quarter was a loss
of
$1.10​.
    * The company reported a quarterly loss of $42.06 million.
    * CompoSecure Inc shares had risen by 11.5% this quarter and
gained 203.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for CompoSecure Inc
is $17.00 
This summary was machine generated from LSEG data November 8 at
04:19 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
 Sep. 30 2024      0.29           0.27           Missed
 Jun. 30 2024      0.25           0.27           Beat
 Mar. 31 2024      0.25           0.25           Met
 Dec. 31 2023      0.23           0.26           Beat