Compass Minerals International (NYSE:CMP) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.20-2.50 for the period, compared to the Thomson Reuters consensus estimate of $2.30.
CMP stock traded up $1.15 during midday trading on Wednesday, hitting $48.51. 625,500 shares of the company’s stock were exchanged, compared to its average volume of 343,913. The company has a current ratio of 2.66, a quick ratio of 1.46 and a debt-to-equity ratio of 2.28. The firm has a market cap of $1.60 billion, a PE ratio of 17.64 and a beta of 0.66. Compass Minerals International has a one year low of $45.25 and a one year high of $76.65.
Compass Minerals International (NYSE:CMP) last posted its earnings results on Monday, August 6th. The basic materials company reported ($0.23) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.09). The business had revenue of $246.70 million for the quarter, compared to the consensus estimate of $243.24 million. Compass Minerals International had a return on equity of 12.50% and a net margin of 2.27%. The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.19) earnings per share. On average, analysts forecast that Compass Minerals International will post 2.35 earnings per share for the current year.
Compass Minerals International Company Profile
Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.
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