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Compass Minerals International Inc (CMP)
NYSE:CMP
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Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.17Last Year’s EPS
$0.05Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 16, 2024
|% Change Since: -15.46%
|Next Earnings Date:Feb 11, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several strategic pivots and operational challenges faced by Compass Minerals, particularly due to a weak winter impacting the Salt segment and the termination of the lithium project. However, there were also positive developments such as improved safety records and sustainability commitments. Pricing improvements in certain segments offered some optimism.Company Guidance
During the Compass Minerals Q4 2024 earnings call, the company provided guidance for fiscal 2025, highlighting several key metrics. The Salt business is expected to see an increase in sales volumes by approximately 9% year-over-year, with adjusted EBITDA projected to range between $225 million and $250 million. Conversely, the Plant Nutrition segment is anticipated to face challenges, with adjusted EBITDA forecasted between $14 million and $20 million due to declining SOP prices. The company plans to address inventory levels and working capital, aiming for a reduction in inventory following the previous year's mild winter. Additionally, total capital expenditures for 2025 are expected to be between $100 million and $110 million, with flexibility built into the capital plan to adjust based on winter conditions. Compass Minerals also intends to refinance its debt to better align with its current strategy, seeking to enhance covenant flexibility. The overall goal remains to improve operational efficiency and enhance cash flow generation, even in milder winters.Successful Safety Record
The past 3 years have been the safest in Compass Minerals history, with a significant reduction in high potential incidents and record low reportable and lost time accidents.
Commitment to Sustainability
Executed a binding voluntary agreement with the state of Utah to support the sustainability of the Great Salt Lake, ensuring long-term health and predictability of water use.
Positive Pricing Dynamics in Salt Segment
Salt segment pricing was up 10% year-over-year in the fourth quarter, contributing to an adjusted EBITDA per ton increase of 9%.
Improved Plant Nutrition Volumes
Plant Nutrition segment volumes were up 33% in the fourth quarter and 25% for the full year, indicating demand normalization.
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CMP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CMP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 16, 2024 | $12.61 | $12.79 | +1.43% |
| Oct 30, 2024 | $12.99 | $12.94 | -0.38% |
| May 07, 2024 | $13.36 | $13.46 | +0.75% |
| Feb 07, 2024 | $22.41 | $21.10 | -5.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Compass Minerals International Inc (CMP) report earnings?
Compass Minerals International Inc (CMP) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Compass Minerals International Inc (CMP) earnings time?
Compass Minerals International Inc (CMP) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CMP EPS forecast?
CMP EPS forecast for the fiscal quarter 2025 (Q1) is $0.17.
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