Compass Minerals Sees 2024 Revenue $900M-$920M vs $1.18B Est.
Portfolio Pulse from Benzinga Newsdesk
Compass Minerals projects its 2024 revenue to be between $900M and $920M, which is below the estimated $1.18B.
May 07, 2024 | 9:30 pm
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Compass Minerals projects its 2024 revenue to be significantly lower than the estimated $1.18B, forecasting between $900M and $920M.
The projected revenue for Compass Minerals being significantly lower than market estimates suggests potential challenges ahead for the company. This discrepancy is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term as the market adjusts to the new forecast.
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