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Compass: 4Q Earnings Snapshot

OVERLAND PARK, Kan. (AP) _ Compass Minerals International Inc. (CMP) on Monday reported fourth-quarter net income of $56.1 million.

The Overland Park, Kansas-based company said it had net income of $1.63 per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.

The minerals producer posted revenue of $500.3 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $523.9 million.

For the year, the company reported profit of $62.5 million, or $1.81 per share. Revenue was nearly unchanged at $1.49 billion.

Compass shares have decreased 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $58.51, an increase of 13% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMP at https://www.zacks.com/ap/CMP