Compass Q3 Sales $1.494B Miss $1.497B Estimate
Portfolio Pulse from Benzinga Newsdesk
Compass reported Q3 sales of $1.494 billion, slightly missing the analyst estimate of $1.497 billion. However, this represents an 11.74% increase from the same period last year.
October 30, 2024 | 8:26 pm
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Compass reported Q3 sales of $1.494 billion, missing the analyst estimate by 0.20%. Despite the miss, sales increased by 11.74% year-over-year.
The slight miss in sales estimates by 0.20% is not significant enough to cause a major negative impact on the stock price, especially given the strong year-over-year growth of 11.74%. Investors may view the growth positively, balancing the slight miss.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100