Compass Minerals International, Inc. (CMP) Releases Earnings Results

Compass Minerals International, Inc. (NYSE:CMP) released its quarterly earnings data on Monday. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.20), Bloomberg Earnings reports. Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The firm had revenue of $290.70 million during the quarter, compared to analysts’ expectations of $323.76 million. During the same quarter in the previous year, the firm posted $0.27 EPS. Compass Minerals International’s revenue was up 61.9% compared to the same quarter last year. Compass Minerals International updated its FY17 guidance to $2.50 to $2.80 EPS.

Shares of Compass Minerals International (NYSE CMP) opened at 66.25 on Tuesday. The company’s 50-day moving average is $66.49 and its 200 day moving average is $66.49. Compass Minerals International has a 1-year low of $59.72 and a 1-year high of $84.40. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 18.51 and a beta of 0.44.

A number of equities analysts have issued reports on the stock. BidaskClub cut shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Credit Suisse Group set a $63.00 price objective on shares of Compass Minerals International and gave the company a “hold” rating in a research report on Wednesday, August 9th. J P Morgan Chase & Co raised shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 target price on the stock in a research note on Monday, September 25th. Zacks Investment Research lowered shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Monness Crespi & Hardt raised shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 target price on the stock in a research note on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $73.60.

WARNING: “Compass Minerals International, Inc. (CMP) Releases Earnings Results” was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://www.com-unik.info/2017/10/31/compass-minerals-international-inc-cmp-releases-earnings-results.html.

About Compass Minerals International

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

Earnings History for Compass Minerals International (NYSE:CMP)

What are top analysts saying about Compass Minerals International Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Compass Minerals International Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit