Compass Minerals reports Q4 EPS (17c), consensus (23c)

Reports Q4 revenue $227.5M, two estimates $223.7M. “Last year was a pivotal one for Compass Minerals (CMP), as we executed our back-to-basics strategy aimed at improving the performance of our core Salt and Plant Nutrition businesses. We aligned our North American highway deicing production with market conditions and executed several organizational, operational, and financial actions to strengthen the business. As a result, Compass Minerals is a leaner and more resilient company today,” said Edward CDowling Jr., CEO. “With advantaged assets and a renewed focus on operational, commercial, and financial performance, we are prioritizing stronger cash generation and the reduction of absolute debt. This combination positions Compass Minerals well to generate long-term value for shareholders.”