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Dec 31, 2019
Compass Minerals Q4 2019 Earnings Report
Reported strong fourth-quarter operating earnings and adjusted EBITDA growth on slightly higher total revenue, with all operating segments generating earnings improvements.
Key Takeaways
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.
Revenue by Segment
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.
Positive Outlook
- 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
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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