Compass Minerals International (CMP) Scheduled to Post Earnings on Monday

Compass Minerals International (NYSE:CMP - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Monday, October 21st. Analysts expect Compass Minerals International to post earnings of ($0.46) per share for the quarter. Compass Minerals International has set its FY 2024 guidance at EPS.

Compass Minerals International (NYSE:CMP - Get Free Report) last issued its quarterly earnings results on Tuesday, September 17th. The basic materials company reported ($1.01) EPS for the quarter, missing analysts' consensus estimates of ($0.67) by ($0.34). The business had revenue of $202.90 million for the quarter, compared to analysts' expectations of $201.86 million. Compass Minerals International had a negative net margin of 14.81% and a positive return on equity of 4.53%.

Compass Minerals International Stock Performance

Compass Minerals International stock traded down $0.10 during mid-day trading on Friday, reaching $13.54. 490,874 shares of the company's stock were exchanged, compared to its average volume of 827,618. The business's fifty day simple moving average is $10.52 and its 200 day simple moving average is $11.73. The company has a quick ratio of 1.15, a current ratio of 2.98 and a debt-to-equity ratio of 2.25. Compass Minerals International has a one year low of $7.51 and a one year high of $27.74. The firm has a market capitalization of $559.66 million, a PE ratio of -6.48 and a beta of 1.11.

Wall Street Analyst Weigh In

CMP has been the topic of a number of research analyst reports. BMO Capital Markets reissued a "market perform" rating and issued a $20.00 price target on shares of Compass Minerals International in a report on Wednesday, September 18th. StockNews.com upgraded shares of Compass Minerals International to a "sell" rating in a research note on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $31.00.

Compass Minerals International Company Profile

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products.