NYSE$COMP
Compass Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Compass's performance reflected revenue growth despite challenging market conditions, with a focus on technology deployment and cost reduction.
Compass, Inc. reported a 4% year-over-year increase in revenue to $2.0 billion for the second quarter of 2022. The company's GAAP net loss increased to $101 million, and it announced a new cost reduction program targeting $320 million in run rate savings. Market share increased to 4.6% on an LTM basis.
- Revenue increased by 4% year-over-year to $2.0 billion.
- Market Share on an LTM basis increased approximately 50 bps to 4.6% compared to prior year.
- GAAP net loss was $101 million, compared to a loss of $7 million in Q2 2021.
- A new cost reduction program was announced with approximately $320 million in target run rate savings.
Headline financials
Revenue & EPS history
Compass · Revenue · Quarterly
$2.02B
Forward guidance
Compass anticipates revenue between $1.4 to $1.5 billion and an adjusted EBITDA loss between $(85) to $(60) million for Q3 2022. For the full year 2022, Compass projects revenue of $6.15 to $6.45 billion and an adjusted EBITDA loss of $(225) to $(150) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
+8.7%
Avg return
Earnings day
+6.9%
Avg return
5 days after
+3.5%
Avg return
30 days after
48%
10 / 21 earnings
Positive
+89.2%
Q3 2022
Best reaction
-18.8%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -7.2% | -11.9% | |
| Q4 2025 | -2.7% | -5.1% | -29.2% | |
| Q3 2025 | +7.7% | +9.9% | +33.7% | |
| Q1 2025 | -18.8% | -18.0% | -18.6% | |
| Q4 2024 | +28.3% | +14.0% | +17.7% | |
| Q3 2024 | +17.6% | +23.3% | +31.3% | |
| Q2 2024 | -4.5% | -4.5% | +15.0% | |
| Q1 2024 | +19.4% | +21.2% | +5.9% | |
| Q4 2023 | +15.4% | +16.0% | +8.4% | |
| Q3 2023 | -5.5% | -10.5% | +21.5% | |
| Q2 2023 | -5.2% | -8.4% | -13.5% | |
| Q1 2023 | +43.2% | +38.6% | +39.0% | |
| Q4 2022 | -14.8% | -4.7% | -14.2% | |
| Q3 2022 | +89.2% | +84.9% | +38.9% | |
| Q2 2022 | -5.3% | -23.0% | -34.9% | |
| Q1 2022 | +29.5% | +27.3% | +26.8% | |
| Q4 2021 | +1.8% | -5.7% | -23.3% | |
| Q3 2021 | -8.7% | -10.9% | -17.7% | |
| Q2 2021 | +9.8% | +18.7% | +3.2% | |
| Q4 2020 | -2.1% | -1.7% | +0.6% | |
| Q1 2021 | -11.5% | -8.8% | -5.8% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
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