NYSE$CMP

Compass Minerals International Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported strong fourth-quarter operating earnings and adjusted EBITDA growth on slightly higher total revenue, with all operating segments generating earnings improvements.

Compass Minerals reported a 3% increase in revenue to $500.3 million and a 10% increase in net earnings to $56.1 million, or $1.63 per diluted share, for the fourth quarter of 2019. The company's operating earnings increased by 41% to $96.2 million.

  • Fourth-quarter revenue increased 3% year-over-year.
  • Operating earnings for the fourth-quarter increased 41% year-over-year.
  • Net earnings for the fourth-quarter increased 10% year-over-year.
  • Strategic evaluation of Plant Nutrition South America business was initiated.

Headline financials

Total Revenue

$500M

Previous: $487M+2.8%
EPS (adj)

$1.63

Previous: $1.41+15.6%
Net Income

$56.1M

Previous: $51M+10.0%
Operating Income

$96.2M

Previous: $68.3M+40.8%
Gross Profit

$97.5M

Previous: $115M-14.9%
Cash & Equivalents

$18M

Previous: $27M-33.3%
Total Assets

$2.44B

Previous: $2.37B+3.0%
Stock-Based Comp

$2.3M

Previous: $4.2M-45.2%

Revenue & EPS history

Compass Minerals · Revenue · Quarterly

$500M

Q4 2019+2.8%vs Q4 2018
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Compass Minerals · $387M total across 2 segments · Q4 2019

  • Salt Segment
    $311M
  • Plant Nutrition
    $76.5M

Forward guidance

Compass Minerals expects a substantial increase in full-year 2020 EBITDA from 2019 results to the range of $350 million to $400 million.

Tailwinds

  • Strong production performance at Goderich and Cote Blanche mines
  • Healthy highway deicing prices in North America
  • Normalized agriculture fundamentals in North and South America
  • Modest Salt segment revenue growth for the first half of 2020
  • Price improvements are expected to drive an increase in Salt segment EBITDA

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 Q4 2019

Historical avgQ4 2019

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro