For the quarter ended March 2024, Compass Minerals (CMP) reported income of $364 million, down 11.5% over the identical interval final yr. EPS got here in at $1.49, in comparison with -$0.46 within the year-ago quarter.
The reported income represents a shock of -7.32% over the Zacks Consensus Estimate of $392.74 million. With the consensus EPS estimate being $0.23, the EPS shock was +547.83%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers challenge a inventory’s worth efficiency extra precisely.
Right here is how Compass carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Common Gross sales Value per ton – Plant Diet: $680.24 versus the three-analyst common estimate of $637.94.
- Gross sales volumes – Plant Diet: 74 KTon versus the three-analyst common estimate of 75 KTon.
- Common Gross sales Value per ton – Whole Salt: $89.55 versus the three-analyst common estimate of $85.58.
- Gross sales volumes – Whole Salt – Shopper and Industrial: 421 KTon versus the three-analyst common estimate of 491 KTon.
- Common Gross sales Value per ton – Shopper and Industrial: $196.93 versus the three-analyst common estimate of $186.26.
- Gross sales volumes – Whole Salt: 3,466 KTon in comparison with the 4,000.78 KTon common estimate based mostly on three analysts.
- Gross sales volumes – Whole Salt – Freeway Deicing: 3,045 KTon versus 3,643.12 KTon estimated by three analysts on common.
- Common Gross sales Value per ton – Freeway Deicing: $74.72 in comparison with the $72 common estimate based mostly on three analysts.
- Gross sales to exterior customers- Salt: $310.40 million in comparison with the $344.18 million common estimate based mostly on three analysts. The reported quantity represents a change of -13.9% yr over yr.
- Gross sales to exterior customers- Plant Diet: $50.10 million in comparison with the $47.87 million common estimate based mostly on three analysts. The reported quantity represents a change of +5% yr over yr.
- Gross sales to exterior customers- Company & Different: $3.50 million in comparison with the $3.30 million common estimate based mostly on two analysts. The reported quantity represents a change of +20.7% yr over yr.
- Working earnings- Plant Diet: -$53.40 million in comparison with the -$3.44 million common estimate based mostly on three analysts.
View all Key Company Metrics for Compass here>>>
Shares of Compass have returned -5.4% over the previous month versus the Zacks S&P 500 composite’s -0.4% change. The inventory at the moment has a Zacks Rank #5 (Sturdy Promote), indicating that it might underperform the broader market within the close to time period.
The place Will Shares Go…
If Biden Wins? If Trump Wins?
The solutions could shock you.
Since 1950, even after unfavorable midterm years, the market has by no means had a decrease presidential election yr. With voters energized and engaged, the market has been nearly unrelentingly bullish irrespective of which social gathering wins!
Now’s the time to obtain Zacks’ free Particular Report with 5 shares that supply excessive upside for each Democrats and Republicans…
1. Medical producer has gained +11,000% within the final 15 years.
2. Rental firm is totally crushing its sector.
3. Power powerhouse plans to develop its already massive dividend by 25%.
4. Aerospace and protection standout simply landed a probably $80 billion contract.
5. Big Chipmaker is constructing big crops within the U.S.
Hurry, Download Special Report FREE >>
Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
