Compass Minerals (CMP) Tops Q1 EPS by 21c
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Compass Minerals Reports Solid First Quarter 2019 Earnings
April 30, 2019 4:15 PM EDTStrong Salt business performance offsets lower Plant Nutrition results
First-Quarter Highlights:
Net earnings totaled $7.6 million, or $0.22 per diluted share Consolidated operating earnings and adjusted EBITDA* increased 25 percent and 12 percent compared to the first quarter of 2018, respectively Salt segment operating earnings up 53 percent from first-quarter 2018 results on strong winter weather and improved operational performance Plant Nutrition North America and South America results pressured by delayed purchases of crop inputs thus far in 2019
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