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

GPGI (Nevada)

06/05/2024 23:01

* CompoSecure Inc  CMPO.OQ  reported quarterly adjusted
earnings
of 25 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of 23 cents.  The mean expectation of five analysts for the
quarter was for earnings of 25 cents per share. Wall Street
expected results to range from 23 cents to 27 cents per share.
    * Revenue rose 9.1% to $104.01 million from a year ago;
analysts
expected $98.92 million. 
    * CompoSecure Inc's reported EPS for the quarter was 17
cents​.
    * The company reported quarterly net income of $4.03
million.
    * CompoSecure Inc shares had fallen by 1.7% this quarter and
gained 31.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.6%
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 May 6 at 10:01
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      0.25           0.25           Met
 Dec. 31 2023      0.23           0.26           Beat
 Sep. 30 2023      0.25           0.24           Missed
 Jun. 30 2023      0.25           0.25           Met