-$0.06 EPS Expected for Compass Minerals International, Inc. (CMP) This Quarter

Wall Street analysts expect that Compass Minerals International, Inc. (NYSE:CMP) will post ($0.06) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Compass Minerals International’s earnings, with the highest EPS estimate coming in at $0.00 and the lowest estimate coming in at ($0.12). Compass Minerals International reported earnings of $0.18 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 133.3%. The business is expected to report its next earnings report after the market closes on Monday, August 7th.

According to Zacks, analysts expect that Compass Minerals International will report full-year earnings of $3.23 per share for the current year, with EPS estimates ranging from $3.20 to $3.25. For the next fiscal year, analysts anticipate that the firm will report earnings of $4.05 per share, with EPS estimates ranging from $3.50 to $5.05. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Compass Minerals International.

Compass Minerals International (NYSE:CMP) last issued its earnings results on Wednesday, May 3rd. The basic materials company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.20. The firm had revenue of $387.80 million during the quarter, compared to analyst estimates of $386.97 million. Compass Minerals International had a net margin of 11.40% and a return on equity of 11.86%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $1.46 earnings per share.

Several research firms have recently issued reports on CMP. BidaskClub raised Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. TheStreet downgraded Compass Minerals International from a “b” rating to a “c+” rating in a report on Wednesday, March 29th. Zacks Investment Research raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Tuesday, May 16th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $75.00 target price on shares of Compass Minerals International in a report on Monday, May 15th. Four research analysts have rated the stock with a hold rating, Compass Minerals International presently has an average rating of “Hold” and an average target price of $77.00.

Several hedge funds have recently bought and sold shares of the stock. Integrated Wealth Management increased its stake in Compass Minerals International by 4.2% in the first quarter. Integrated Wealth Management now owns 3,780 shares of the basic materials company’s stock valued at $256,000 after buying an additional 152 shares in the last quarter. Capstone Asset Management Co. increased its stake in Compass Minerals International by 3.4% in the first quarter. Capstone Asset Management Co. now owns 3,026 shares of the basic materials company’s stock valued at $205,000 after buying an additional 100 shares in the last quarter. Country Club Trust Company n.a. increased its stake in Compass Minerals International by 0.9% in the first quarter. Country Club Trust Company n.a. now owns 112,771 shares of the basic materials company’s stock valued at $7,651,000 after buying an additional 1,006 shares in the last quarter. GW&K Investment Management LLC increased its stake in Compass Minerals International by 13.7% in the first quarter. GW&K Investment Management LLC now owns 436,705 shares of the basic materials company’s stock valued at $29,630,000 after buying an additional 52,668 shares in the last quarter. Finally, Lawson Kroeker Investment Management Inc. NE increased its stake in Compass Minerals International by 12.7% in the first quarter. Lawson Kroeker Investment Management Inc. NE now owns 105,247 shares of the basic materials company’s stock valued at $7,141,000 after buying an additional 11,895 shares in the last quarter.

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Shares of Compass Minerals International (NYSE:CMP) traded up 1.78% during trading on Tuesday, reaching $68.50. 347,323 shares of the company’s stock were exchanged. Compass Minerals International has a 12 month low of $62.70 and a 12 month high of $84.40. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 17.30 and a beta of 0.44. The stock has a 50-day moving average price of $65.84 and a 200 day moving average price of $70.87.

Compass Minerals International Company Profile

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

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Earnings History and Estimates for Compass Minerals International (NYSE:CMP)

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