Compass Minerals (CMP) got here out with a quarterly lack of $0.55 per share versus the Zacks Consensus Estimate of a lack of $0.05. This compares to earnings of $0.05 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -1,000%. 1 / 4 in the past, it was anticipated that this minerals producer would put up a lack of $0.46 per share when it really produced a lack of $0.77, delivering a shock of -67.39%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Compass
The sustainability of the inventory’s quick value motion based mostly on the recently-released numbers and future earnings expectations will principally rely upon administration’s commentary on the earnings name.
Compass shares have added about 7.1% for the reason that starting of the 12 months versus the S&P 500’s acquire of two.5%.
What’s Subsequent for Compass?
Whereas Compass has outperformed the market up to now this 12 months, the query that involves buyers’ minds is: what’s subsequent for the inventory?
There are not any simple solutions to this key query, however one dependable measure that may assist buyers tackle that is the corporate’s earnings outlook. Not solely does this embody present consensus earnings expectations for the approaching quarter(s), but in addition how these expectations have modified currently.
Empirical analysis exhibits a powerful correlation between near-term inventory actions and traits in earnings estimate revisions. Buyers can monitor such revisions by themselves or depend on a tried-and-tested score instrument just like the Zacks Rank, which has a formidable monitor document of harnessing the ability of earnings estimate revisions.
Forward of this earnings release, the estimate revisions pattern for Compass: combined. Whereas the magnitude and path of estimate revisions might change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #3 (Maintain) for the inventory. So, the shares are anticipated to carry out according to the market within the close to future. You possibly can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
It will likely be attention-grabbing to see how estimates for the approaching quarters and present fiscal 12 months change within the days forward. The present consensus EPS estimate is $0.33 on $397 million in revenues for the approaching quarter and $0.33 on $1.15 billion in revenues for the present fiscal 12 months.
Buyers ought to be aware of the truth that the outlook for the trade can have a fabric influence on the efficiency of the inventory as effectively. By way of the Zacks Business Rank, Chemical – Diversified is at present within the backside 7% of the 250 plus Zacks industries. Our analysis exhibits that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
One other inventory from the identical trade, Stepan Co. (SCL), has but to report outcomes for the quarter ended December 2024. The outcomes are anticipated to be launched on February 19.
This specialty chemical compounds firm is predicted to put up quarterly earnings of $0.35 per share in its upcoming report, which represents a year-over-year change of +6.1%. The consensus EPS estimate for the quarter has been revised 20% decrease during the last 30 days to the present degree.
Stepan Co.’s revenues are anticipated to be $512.55 million, down 3.7% from the year-ago quarter.
Ought to You Put money into Compass Minerals Worldwide, Inc. (CMP)?
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Zacks Funding Analysis has been dedicated to offering buyers with instruments and unbiased analysis since 1978. For greater than 1 / 4 century, the Zacks Rank stock-rating system has greater than doubled the S&P 500 with a median acquire of +24.08% per 12 months. (These returns cowl a interval from January 1, 1988 by means of Might 6, 2024.)
Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report
Stepan Company (SCL) : Free Stock Analysis Report
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