Compass Inc reports results for the quarter ended June 30 - Earnings Summary

• Compass Inc COMP.N reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of ten analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 5 cents to 12 cents per share.

• Revenue rose 21.1% to $2.06 billion from a year ago; analysts expected $2.05 billion.

• Compass Inc's reported EPS for the quarter was 7 cents​.

• The company reported quarterly net income of $39.4 million.

• Compass Inc shares had risen by 17.4% this quarter and gained 26.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 36.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Compass Inc is $8.50, about 14.9% above its last closing price of $7.23

This summary was machine generated from LSEG data July 30 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)