Compass Minerals (CMP) Tops Q2 EPS by 22c

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Compass Minerals Posts Strong Second-Quarter 2020 Earnings Growth

August 4, 2020 4:15 PM EDT

Second-quarter 2020 consolidated revenue of $256.1 million, up 4% year-over-year Consolidated operating earnings of $24.5 million, up $20.4 million year-over-year, and adjusted EBITDA* of $62.3 million, up 44% year-over-year Net earnings of $0.04 per diluted share compared to a net loss of $0.36 per diluted share in the second-quarter of 2019 Year-to-date 2020 cash flow from operations of $233.9 million, up $122.0 million from prior-year period Continue to manage health risk of COVID-19 as an essential business; all production sites fully operational Maintaining full-year 2020 adjusted EBITDA* outlook of $330 million to $370 million

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Compass Minerals (NYSE:... More