Compass Minerals (CMP) Misses Q3 EPS by 51c

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Compass Minerals Posts Third-Quarter 2020 Results

November 4, 2020 4:10 PM EST

Salt segment operating earnings and margin improve, partially offsetting headwinds in the Plant Nutrition business 

Third-quarter 2020 consolidated revenue of $282.4 million, down 17% year-over-year Consolidated operating earnings of $17.4 million, down $12.7 million year-over-year, and adjusted EBITDA* of $55.4 million, down 18% year-over-year Net loss of $0.07 per diluted share compared to net earnings of $0.31 per diluted share in the third quarter of 2019 Year-to-date 2020 cash flow from operations of $188.5 million, up $90.6 million from prior-year period Continue to successfully manage COVID-19 risks and impacts as an essential business Full-year 2020 adjusted... More