in this issue
Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
Compass Minerals reports loss on weak salt
July 28, 2014 | Lindsay Frost
Compass Minerals today reported its second-quarter results, posting a loss of $700,000 in earnings, down from a $10.6-million gain year-on-year (YOY). An earnings per share loss of 2 cts/share was far below analyst estimates of 27 cts/share, according to Thomson Reuters (New York). However, sales of $186.6 million were up 7% YOY. “Strength in demand for our premium plant nutrition products continued throughout the second quarter and pushed Compass Minerals’ total revenues higher despite seasonal weakness in our salt segment,” says Fran Malecha...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee