Compass Minerals Intl Q1 2024 Adj EPS $0.05 Misses $0.26 Estimate, Sales $341.70M Miss $357.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Compass Minerals Intl (CMP) reported Q1 2024 adjusted EPS of $0.05, missing the $0.26 estimate, and sales of $341.70M, missing the $357.90M estimate. This represents a 3.04% decrease in sales compared to the same period last year.
February 07, 2024 | 9:39 pm
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NEGATIVE IMPACT
Compass Minerals Intl reported a significant miss in both EPS and sales for Q1 2024, with a 3.04% YOY decrease in sales.
The significant miss in both EPS and sales estimates, coupled with a year-over-year decrease in sales, is likely to negatively impact investor sentiment and could lead to a short-term decrease in CMP's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100