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Stock impact report

Compass Minerals Provides First-Quarter Snow Data, Segment Sales and COVID-19 Impact Updates

Compass Minerals Intl Inc (CMP) 
Last compass minerals intl inc earnings: 2/10 05:27 pm Check Earnings Report
Company Research Source: Business Wire
Company expects strong first-quarter 2020 earnings growth despite challenging environment OVERLAND PARK, Kan.--(BUSINESS WIRE)--Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, reported today that first-quarter 2020 winter weather activity in both its North American and U.K.-served markets was below average, resulting in lower-than-expected highway deicing salt sales volumes.Eleven representative cities in the company’s primary North American highway deicing service area reported 85 snow events during the first quarter of 2020 compared to 122 snow events in the first quarter of 2019 and the 10-year average of 111.5 events.While these snow event results represent a decline of 30% from first-quarter 2019 levels and winter weather was extremely mild in the U.K., the company’s highway deicing sales volumes declined only 11% compared to prior-year results. The company sold approximately 3.1 million tons of highway deicing salt products in the first quarter Show less Read more
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