Elias Sabo, the CEO of Compass Diversified, discusses the U.S. economy and consumer demand.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Compass (COMP) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Robert Reffkin, Compass founder and CEO, joins 'Squawk Box' to discuss the state of the real estate market, impact of the Fed's interest rate decision and lower mortgage rates, housing demand outlook, and more.
Compass has analysts bullish ahead of the real estate brokerage firm's third quarter results on increasing share gains in the weaker housing market. Oppenheimer analysts upped their price target on Compass to $8 from $6 and awarded it an ‘Outperform' rating.
Does Compass Group PLC (CMPGY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Compass Minerals International's stock surged 21.1% after preliminary Q3 results showed higher-than-expected revenue despite lower adjusted earnings per share. The company's Salt segment showed strength, but the Plant Nutrition segment saw declines in both sales volume and average price per ton. Management's updated guidance for 2024 indicates potential profitability, though past financial misstatements and project failures present significant risks.
Here is how Compass Group PLC (CMPGY) and El Pollo Loco Holdings (LOCO) have performed compared to their sector so far this year.
Compass Group (CMPGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Shares of Compass have rallied after the company's strong Q2 earnings print, bringing YTD gains to above 20% and beating the S&P 500. Importantly, Compass CEO Robert Reffkin also claimed that Compass is seeing minimal impact from real estate rule changes that are designed to bring agent fees down. The company gained major market share in Q2, up 50bps y/y to 5.13% of the U.S. real estate market.
Compass, Inc. (NYSE:COMP ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Richard Simonelli - Senior & Vice President of Investor Relations Robert Reffkin - Founder & Chief Executive Officer Kalani Reelitz - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Jason Helfstein - Oppenheimer Bernie McTernan - Needham & Company Soham Bhonsle - BTIG Michael Ng - Goldman Sachs Ryan McKeveny - Zelman & Associates Operator Ladies and gentlemen, thank you for standing by. My name is Aaron, and I will be your conference operator for today.
Compass, Inc. (COMP) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.10 per share a year ago.
Compass (COMP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.