Compass Minerals to Announce Q4/FY23 Results Feb 27; Call Feb 28
Ticker: CMP · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1227654
Complexity: simple
Sentiment: neutral
Topics: earnings-announcement, investor-relations, financial-reporting
TL;DR
**CMP is dropping Q4/FY23 earnings on Feb 27, get ready for potential price swings!**
AI Summary
Compass Minerals International, Inc. filed an 8-K on February 7, 2024, to announce its upcoming Fourth-Quarter and Full-Year 2023 financial results. The company will release these results after the market closes on February 27, 2024, and host an investor conference call and webcast the following morning, February 28, 2024, at 8:30 AM ET. This matters to investors because it signals an imminent release of crucial financial performance data, which will likely impact the stock price (CMP) as the market reacts to the company's profitability and outlook.
Why It Matters
This filing signals the imminent release of critical financial performance data, which will provide investors with insights into the company's recent profitability and future prospects, directly influencing stock valuation.
Risk Assessment
Risk Level: low — This filing is purely an announcement of an upcoming event and does not contain any new financial results or material changes that would immediately impact the company's risk profile.
Analyst Insight
A smart investor would mark February 27th and 28th on their calendar to review Compass Minerals' financial results and listen to the investor call, preparing to analyze the data for potential investment decisions.
Key Players & Entities
- Compass Minerals International, Inc. (company) — the registrant filing the 8-K
- February 7, 2024 (date) — date of earliest event reported and filing date
- February 27, 2024 (date) — date Q4 and Full-Year 2023 financial results will be released
- February 28, 2024 (date) — date of investor conference call and webcast
- 8:30 AM ET (time) — start time of the investor conference call and webcast
Forward-Looking Statements
- CMP stock price will experience increased volatility around February 27-28, 2024. (CMP) — high confidence, target: 2024-02-28
- Analysts will update their price targets and ratings for CMP following the earnings release. (CMP) — medium confidence, target: 2024-03-15
FAQ
What is the primary purpose of this 8-K filing by Compass Minerals International, Inc.?
The primary purpose of this 8-K filing is to announce the date for the release of Compass Minerals International, Inc.'s Fourth-Quarter and Full-Year 2023 financial results and the subsequent investor conference call and webcast.
When will Compass Minerals International, Inc. release its Fourth-Quarter and Full-Year 2023 financial results?
Compass Minerals International, Inc. will release its Fourth-Quarter and Full-Year 2023 financial results after the market closes on February 27, 2024.
When is the investor conference call and webcast scheduled for Compass Minerals International, Inc.?
The investor conference call and webcast for Compass Minerals International, Inc. is scheduled for February 28, 2024, at 8:30 AM ET.
What is the trading symbol for Compass Minerals International, Inc. and on which exchange is it registered?
The trading symbol for Compass Minerals International, Inc. is CMP, and it is registered on The New York Stock Exchange.
What is the address of Compass Minerals International, Inc.'s principal executive offices?
The address of Compass Minerals International, Inc.'s principal executive offices is 9900 West 109th Street, Suite 100, Overland Park, KS 66210.
Filing Stats: 513 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-02-07 16:23:51
Key Financial Figures
- $0.01 — ange on which registered Common stock, $0.01 par value CMP The New York Stock Exchan
Filing Documents
- cmp-20240207.htm (8-K) — 27KB
- cmp-q12024earningsreleasee.htm (EX-99.1) — 330KB
- cmp-20240207_g1.jpg (GRAPHIC) — 98KB
- cmplogoa.jpg (GRAPHIC) — 98KB
- 0001227654-24-000034.txt ( ) — 868KB
- cmp-20240207.xsd (EX-101.SCH) — 2KB
- cmp-20240207_lab.xml (EX-101.LAB) — 25KB
- cmp-20240207_pre.xml (EX-101.PRE) — 13KB
- cmp-20240207_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 7, 2024 , Compass Minerals International, Inc. issued a press release regarding its fiscal 2024 first quarter financial results. A copy of the press release is attached as Exhibit 99.1. The information contained in Item 2.02 and Exhibit 99.1 of this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit Description 99.1 Press Release issued by Compass Minerals International, Inc. on February 7, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COMPASS MINERALS INTERNATIONAL, INC. Date: February 7, 2024 By: /s/ Lorin Crenshaw Name: Lorin Crenshaw Title: Chief Financial Officer