Compass Minerals' (CMP) Q1 Earnings & Sales Lag Estimates
CMPCompass Minerals(CMP) Zacks Investment Research·2024-02-08 20:46

Compass Minerals International, Inc. (CMP) recorded a first-quarter fiscal 2024 (ended Dec 31, 2023) loss of 1.83persharecomparedwithalossofapennyintheyear−agoquarter.Barringone−timeitems,adjustedearningswere5centspershare.ItmissedtheZacksConsensusEstimateofearningsof24cents.Salesfellaround31.83 per share compared with a loss of a penny in the year-ago quarter. Barring one-time items, adjusted earnings were 5 cents per share. It missed the Zacks Consensus Estimate of earnings of 24 cents. Sales fell around 3% year over year to 341.7 million in the quarter. The figure lagged the Zacks Consensus Estimate of $368.2 million. The results mainly reflect weaker Salt segment sales, partly off ...