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Compass Diversified Holdings (CODI)
NYSE:CODI
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.53Last Year’s EPS
0.45Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 8.80%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
Compass Diversified demonstrated strong financial performance with significant growth in key sectors such as consumer verticals and notable achievements in strategic acquisitions. However, challenges in the industrial segment and regulatory impacts on 5.11 present areas for concern. Despite geopolitical risks, the company's proactive measures and strong balance sheet position it well for future growth.Company Guidance
During Compass Diversified's 2024 earnings call, the company highlighted a robust financial performance, achieving more than 30% growth in adjusted EBITDA for the full year and double-digit sales growth. The fourth quarter saw an acceleration in both revenue and adjusted EBITDA, surpassing expectations. Key strategic moves included the acquisition of Honey Pot and Lifoam, as well as the divestiture of Ergobaby and the Crosman airgun business to refine their focus on innovative and disruptive markets. They raised over $115 million in preferred equity to improve their capital structure, reducing their leverage ratio to 3.58x. Looking forward, Compass Diversified anticipates a stable outlook for 2025, with a CODI Momentum Index reading of 1.06, reflecting a steady economic environment. They project consolidated subsidiary adjusted EBITDA between $570 million and $610 million, with significant contributions expected from their branded consumer vertical, which is forecasted to achieve adjusted EBITDA between $440 million and $465 million.Strong Financial Performance
For the full year 2024, Compass Diversified achieved double-digit sales growth and increased adjusted EBITDA by over 30%, with growth accelerating in the fourth quarter.
Successful M&A Activity
Acquired The Honey Pot, a business in the feminine hygiene market, and Lifoam, enhancing their presence in temperature-controlled packaging. Divested Ergobaby and Crosman to streamline operations.
Shareholder Value Initiatives
Raised over $115 million in preferred equity and bought back more than 400,000 shares of common stock, demonstrating a strong commitment to shareholder value.
Consumer Vertical Growth
The consumer vertical saw pro forma revenues grow double digits with adjusted EBITDA increasing by over 27%, even excluding a $12 million inventory write-down.
Lugano's Exceptional Growth
Lugano delivered annual sales growth of more than 50% and adjusted EBITDA increased by 76.4%.
BOA's Strong Performance
BOA achieved more than 20% revenue growth and over 30% adjusted EBITDA growth for the full year.
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CODI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CODI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $20.12 | $21.89 | +8.80% |
| Oct 30, 2024 | $20.36 | $21.45 | +5.35% |
| Jul 31, 2024 | $23.51 | $21.00 | -10.68% |
| May 01, 2024 | $21.82 | $20.62 | -5.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Compass Diversified Holdings (CODI) report earnings?
Compass Diversified Holdings (CODI) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Compass Diversified Holdings (CODI) earnings time?
Compass Diversified Holdings (CODI) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CODI EPS forecast?
CODI EPS forecast for the fiscal quarter 2025 (Q1) is 0.53.
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