BUZZ-Compass Minerals falls after bigger than expected Q4 loss

Reuters

2024-12-17

BUZZ-Compass Minerals falls after bigger than expected Q4 loss

** Shares of commodity chemicals firm Compass Minerals International CMP.N fall 6% to $11.85 in extended trading

** Co reports Q4 adj. loss of 77 cents/shr vs est. loss of 45 cents/shr - data compiled by LSEG

** CMP posts FY 2024 adj. earnings of 8 cents/share vs est of 10 cents/shr - data compiled by LSEG

** CMP forecasts salt sales volumes for 2025 at the midpoint of outlook are expected to increase about 9% over 2024

** Company to continue to focus in fiscal 2025 on reducing salt segment inventory across platform

** Up till last close, stock down 50.2% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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