CompoSecure Inc reports results for the quarter ended in December - Earnings Summary

GPGI (Nevada)

06/03/2024 22:41

* CompoSecure Inc  CMPO.OQ  reported quarterly adjusted
earnings
of 26 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 20 cents.  The mean expectation of five analysts
for the quarter was for earnings of 23 cents per share. Wall
Street expected results to range from 22 cents to 26 cents per
share.
    * Revenue rose 6.5% to $99.90 million from a year ago;
analysts
expected $96.49 million. 
    * CompoSecure Inc's reported EPS for the quarter was 17
cents​.
    * The company reported quarterly net income of $3.3 million.
    * CompoSecure Inc shares had fallen by 13.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 4 "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 $11.50 
This summary was machine generated from LSEG data March 6 at
10:40 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
 Dec. 31 2023      0.23           0.26           Beat
 Sep. 30 2023      0.25           0.24           Missed
 Jun. 30 2023      0.25           0.25           Met
 Mar. 31 2023      0.23           0.23           Met