Earnings Outlook For Compass Minerals Intl
Portfolio Pulse from Benzinga Insights
Compass Minerals Intl (NYSE:CMP) is scheduled to release its quarterly earnings report on February 7, 2024, with an estimated EPS of $0.26. Analysts and investors are keen on whether CMP will surpass this estimate and provide positive guidance for the next quarter. Historical data shows a mixed earnings performance with occasional price drops following earnings misses. CMP's stock has declined 41.23% over the last year, indicating a bearish sentiment among long-term shareholders.
February 06, 2024 | 6:01 pm
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Compass Minerals Intl is anticipated to report quarterly earnings with an EPS estimate of $0.26. Historical performance shows sensitivity to earnings outcomes, with stock price declines following misses. The stock has been bearish over the past year.
Given CMP's historical performance, where earnings misses have led to price declines, the upcoming earnings report could have a neutral to slightly negative impact if the EPS estimate is not met or exceeded. However, positive guidance could mitigate this. The stock's bearish trend over the past year suggests investor sentiment is already low, which may limit the downside from an earnings miss but also means there's potential for upside on positive news.
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