NYSE$CMP

Compass Minerals International Inc. · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Compass Minerals reported fiscal 2025 first-quarter results, showing progress on its back-to-basics strategy and initiatives to reduce inventory volumes, improve cost structure, and enhance profitability.

Compass Minerals reported a net loss of $23.6 million and diluted EPS of -$0.57 for the first quarter of fiscal 2025. Revenue totaled $307.2 million. The company saw a decline in salt inventory volumes year over year despite a slow start to the winter deicing season, and made progress in improving the cost structure of its Plant Nutrition business.

  • North American salt inventory volumes declined 10% year over year through December.
  • Salt revenue decreased 12% year over year, driven by a 13% sales volume decline, partially offset by a 1% increase in average sales price.
  • Plant Nutrition revenue increased 24% year over year due to a 36% improvement in sales volumes.
  • Total planned capital expenditures for fiscal 2025 have been reduced to a range of $75 million to $85 million.

Headline financials

Total Revenue

$307M

Previous: $342M-10.1%
EPS (adj)

-$0.55

Previous: -$1.83+69.9%
Adj. Operating Income

$1.4M

Previous: $24.8M-94.4%
Adjusted EBITDA

$32.1M

Previous: $62.2M-48.4%
Salt Operating Income

$29.4M

Previous: $50.9M-42.2%
Salt Adj. EBITDA

$47.8M

Previous: $66.1M-27.7%
Plant Nutrition Adj. EBITDA

$4.4M

Previous: $7.2M-38.9%
Capital Expenditures

-$21.8M

Previous: -$35.3M+38.2%
Net Income

-$23.6M

Previous: -$75.1M+68.6%
Operating Income

$500K

Previous: -$55.3M+100.9%
Gross Profit

$34.3M

Previous: $70.6M-51.4%

Revenue & EPS history

Compass Minerals · Revenue · Quarterly

$307M

Q1 2025-10.1%vs Q1 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

Compass Minerals · $156M total across 1 segment · Q3 2022

  • Salt Segment
    $156M

Forward guidance

For fiscal 2025, Compass Minerals expects total salt sales volumes between 9.4 million and 10.45 million tons, with revenue ranging from $900 million to $1 billion and adjusted EBITDA between $205 million and $230 million for the Salt Segment. Plant Nutrition sales volumes are projected to be 295-315 thousand tons, with revenue between $180 million and $200 million and adjusted EBITDA between $17 million and $24 million. Corporate adjusted EBITDA is expected to be between -$70 million and -$61 million. Total capital expenditures are projected to be $75 million to $85 million.

Tailwinds

  • Increased adjusted EBITDA guidance for the Plant Nutrition segment.
  • Higher sales expectations and lower forecasted production costs for Plant Nutrition.
  • Reduced total planned capital expenditures for fiscal 2025.
  • Ability to toggle production at Goderich and Cote Blanche mines provides flexibility to adjust to demand.
  • Ongoing cost reduction initiatives to drive down operating, capital, and general and administrative costs.

Headwinds

  • Expected decline in pricing for Plant Nutrition due to softness in the MOP market.
  • Potential impacts from tariffs on products imported to the United States from Canadian operations (not included in guidance).
  • Mild winter weather in the first two months of the quarter contributed to a softer quarter.
  • Higher cost production per ton for salt due to curtailment of production at Goderich mine.
  • Lower sales volumes in the first quarter of fiscal 2025 compared to prior year for salt.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.1%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+0.5%

Avg return

30 days after

40%

27 / 67 earnings

Positive

+26.5%

Q2 2025

Best reaction

-20.5%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+6.8%+10.8%+11.7%
Q1 2026-14.8%-13.0%-7.8%
Q4 2025-14.4%-15.9%+8.9%
Q2 2025+26.5%+38.7%+39.8%
Q1 2025-5.8%-7.3%-17.5%
Q4 2024-2.1%-18.4%+2.9%
Q3 2024+17.9%+23.1%+48.1%
Q2 2024+2.0%-6.1%+3.0%
Q1 2024-5.3%+1.6%-6.9%
Q4 2023-8.4%-1.7%+1.2%
Q3 2023-5.2%-12.0%-25.1%
Q2 2023+0.3%+8.2%+14.5%
Q1 2023-14.3%-15.1%-20.0%
Q4 2022+9.6%+13.4%+1.6%
Q3 2022+1.5%+7.7%+5.2%
Q2 2022-20.5%-28.6%-26.6%
Q1 2022-4.3%-4.7%+9.6%
Q4 2021-4.3%-4.7%+9.6%
Q2 2021-1.6%-5.3%-3.4%
Q1 2021-0.3%+0.5%-2.3%
Q4 2020-3.1%+2.3%+4.3%
Q3 2020-7.0%-0.1%+5.8%
Q2 2020+9.1%+11.6%+9.8%
Q1 2020+1.1%+2.7%+12.1%
Q4 2019+10.2%+7.3%-26.7%
Q3 2019-7.4%-4.2%-6.8%
Q2 2019-5.2%-1.0%-3.0%
Q1 2019-4.1%-2.5%-9.9%
Q4 2018+1.8%+4.5%-0.8%
Q3 2018+8.6%+8.6%+5.8%
Q2 2018-4.6%-7.5%-9.9%
Q1 2018+3.1%+3.2%-2.8%
Q4 2017-2.6%-9.7%-10.5%
Q3 2017-1.0%-0.8%+4.2%
Q2 2017-2.3%-5.8%+0.0%
Q1 2017+1.4%+6.2%+1.2%
Q4 2016-1.8%-1.4%-9.9%
Q3 2016-1.5%-0.3%+10.1%
Q2 2016-0.1%-3.3%+2.1%
Q1 2016+2.4%
Q4 2015-1.1%
Q3 2015-3.2%
Q2 2015+1.2%
Q1 2015+3.6%
Q4 2014+1.0%
Q3 2014+0.6%
Q2 2014-5.7%
Q1 2014+5.2%
Q4 2013-2.6%
Q3 2013-2.2%
Q2 2013-18.1%
Q1 2013+6.4%
Q4 2012+1.6%
Q3 2012+2.4%
Q2 2012-2.4%
Q1 2012+1.7%
Q4 2011+1.2%
Q3 2011-5.5%
Q2 2011-7.2%
Q4 2010-7.2%
Q1 2010+4.0%
Q1 2011+2.3%
Q2 2010-4.2%
Q4 2008-4.2%
Q3 2010-0.7%
Q4 2009-0.7%
Q3 2009-0.7%

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