Preview Of Compass Minerals International, Inc. ($CMP) 3Q20 Earnings

Compass Minerals International, Inc. (NYSE:CMP) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.44 per share.

For the full year, analysts predict revenues of $ 1478.25 million, while looking forward to income of $ 2.87 per share.

Previous Quarter Performance

Compass Minerals International, Inc. communicated income for the second quarter of $ 0.04 per share, from the revenue of $ 256.10 million. The quarterly revenues expanded 2.35 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.18 per share from $ 246.09 million in revenue. The bottom line results beat street analysts by $ 0.22 or 122.22 percent, at the same time, top line results outshined analysts by $ 10.01 million or 4.07 percent.

Stock Performance

Shares of Compass Minerals International, Inc. traded up $ 0.35 or 0.57 percent on Tuesday, reaching $ 61.82 with volume of 202.30 thousand shares. Compass Minerals International, Inc. has traded high as $ 62.90 and has cracked $ 61.26 on the downward trend

According to the previous trading day, closing price of $ 61.82, representing a 78.74 % increase from the 52 week low of $ 34.39 and a 7.06 % decrease over the 52 week high of $ 66.14.

The company has a market capital of $ 2.15 billion and is part of the Basic Materials sector and Industrial Metals & Minerals industry.

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 through 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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