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Compass (CMP) Records Q2 Revenues: What Secret Metrics Need To Claim

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Compass Minerals (CMP) reported $411.1 million in profits for the quarter finished March 2023, standing for a year-over-year decrease of 8.3%. EPS of -$ 0.46 for the very same duration contrasts to $0.33 a year earlier.

The reported profits stands for a shock of -3.70% over the Zacks Agreement Price Quote of $426.91 million. With the agreement EPS price quote being $0.53, the EPS shock was -186.79%.

While capitalists carefully enjoy year-over-year modifications in heading numbers– profits and also profits– and also exactly how they contrast to Wall surface Road assumptions to establish their following strategy, some vital metrics constantly supply a much better understanding right into a firm’s underlying efficiency.

Because these metrics play a critical duty in driving the top- and also fundamental numbers, contrasting them with the year-ago numbers and also what experts approximated concerning them aids capitalists much better job a supply’s rate efficiency.

Below is exactly how Compass did in the simply reported quarter in regards to the metrics most extensively kept track of and also predicted by Wall surface Road experts:

  • Ordinary Prices per heap – Plant Nourishment: $796 versus $827.67 approximated by 3 experts typically.
  • Sales quantities- Salt: 4403 KTon versus 4485.78 KTon approximated by 3 experts typically.
  • Ordinary Salt Prices per heap: $81.87 contrasted to the $83.72 typical price quote based upon 3 experts.
  • Sales quantities – Plant Nourishment: 60 KTon versus the three-analyst typical price quote of 61.27 KTon.
  • Sales to outside clients – Salt: $360.50 million versus $364.79 million approximated by 3 experts typically. Contrasted to the year-ago quarter, this number stands for a -7.9% modification.
  • Sales to outside clients- Plant Nourishment: $47.70 million contrasted to the $50.72 million typical price quote based upon 3 experts. The reported number stands for a modification of -12.2% year over year.
  • Sales to outside clients- Corporate & & Other:$ 2.90 million contrasted to the $2.73 million typical price quote based upon 3 experts. The reported number stands for a modification of 0% year over year.
  • Operating profits- Company and also Various Other: -$ 24.50 million contrasted to the -$ 20.57 million typical price quote based upon 3 experts.
  • Operating profits- Salt: $73.10 million contrasted to the $63.96 million typical price quote based upon 3 experts.

View all Key Company Metrics for Compass here>>>

Shares of Compass have actually returned -3.1% over the previous month versus the Zacks S&P 500 compound’s +0.9% modification. The supply presently has a Zacks Ranking # 3 (Hold), showing that it might do in accordance with the more comprehensive market in the close to term.

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Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report

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The sights and also point of views shared here are the sights and also point of views of the writer and also do not always show those of Nasdaq, Inc.

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