The chart below shows how CMP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CMP sees a +0.10% change in stock price 10 days leading up to the earnings, and a -4.52% change 10 days following the report. On the earnings day itself, the stock moves by +1.69%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Revenue Decline with Optimism: Consolidated revenue for the full fiscal year was $1.1 billion, which was down 7% year-over-year, but the company is optimistic about future growth.
Safety Improvement Achieved: Despite a challenging year, the company experienced a significant reduction in high potential incidents, demonstrating a commitment to safety and operational excellence.
Operating Earnings and EBITDA: Operating earnings for the year were $164 million, and adjusted EBITDA was $228 million, both showing margin expansion in 2024 with operating margin increasing to 18%.
Salt Segment Revenue Analysis: The Salt business segment saw revenue in the fourth quarter of $163 million, compared to $187 million a year ago, indicating resilience in pricing despite volume declines.
Cost Efficiency and Profitability: The company is focused on improving cost structures and operational efficiencies, which are expected to enhance profitability and cash generation moving forward.
Negative
Revenue Decline Analysis: Consolidated revenue was $209 million, down 11% year-over-year.
Winter Activity Decline: The weak winter we experienced in our served markets led to a decrease in prefill activity compared to what we would typically see in the fourth quarter after average winter activity.
Operating Loss and Impairment: We posted a consolidated operating loss of $30 million, which includes a non-cash impairment of approximately $18 million related to the write-down of certain water rights in our Plant Nutrition segment.
Net Loss and EBITDA: Consolidated net loss was $48 million and adjusted EBITDA was approximately $16 million for the quarter.
Revenue Decline Analysis: For the full fiscal year, consolidated revenue was $1.1 billion, which was down 7% year-over-year.
Compass Minerals International, Inc. (CMP) Q4 2024 Earnings Call Transcript
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