Compass Minerals International Inc.

Published : October 27th, 2015

Compass misses 3Q profit forecasts

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Compass misses 3Q profit forecasts

OVERLAND PARK, Kan. (AP) _ Compass Minerals International Inc. (CMP) on Tuesday reported third-quarter net income of $27 million.

On a per-share basis, the Overland Park, Kansas-based company said it had profit of 80 cents.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.

The minerals producer posted revenue of $232.7 million in the period.

Compass expects full-year earnings to be $5.20 to $5.50 per share.

Compass shares have dropped 5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $82.33, a drop of 3 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMP at http://www.zacks.com/ap/CMP

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Keywords: Compass Minerals, Earnings Report

Read the rest of the article at sg.finance.yahoo.com

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Compass Minerals is a producing company based in United states of america.

Compass Minerals is listed in United States of America. Its market capitalisation is US$ 416.0 millions as of today (€ 385.0 millions).

Its stock quote reached its highest recent level on April 29, 2011 at US$ 98.10, and its lowest recent point on April 26, 2024 at US$ 11.85.

Compass Minerals has 33 820 000 shares outstanding.

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