Compass (COMP) Scheduled to Post Quarterly Earnings on Wednesday

Compass (NYSE:COMP) will be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Compass to post earnings of ($0.20) per share for the quarter. Compass has set its Q1 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Compass (NYSE:COMP) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.17) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.17). Compass had a negative return on equity of 70.51% and a negative net margin of 6.58%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the company earned ($0.36) EPS. On average, analysts expect Compass to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Compass Stock Up 6.3 %

Shares of COMP opened at $3.37 on Monday. Compass has a 52-week low of $1.82 and a 52-week high of $4.49. The company has a market cap of $1.66 billion, a PE ratio of -4.96 and a beta of 2.87. The business has a fifty day moving average of $3.48 and a 200 day moving average of $3.14.

Wall Street Analysts Forecast Growth

COMP has been the topic of several analyst reports. The Goldman Sachs Group upped their price target on shares of Compass from $3.50 to $4.00 and gave the company a “buy” rating in a report on Wednesday, February 28th. BTIG Research dropped their price objective on Compass from $4.50 to $4.30 and set a “buy” rating for the company in a report on Thursday, February 29th. Barclays increased their target price on Compass from $2.50 to $4.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 5th. UBS Group lifted their price objective on shares of Compass from $2.25 to $3.50 and gave the company a “neutral” rating in a report on Friday, March 1st. Finally, Gordon Haskett lowered shares of Compass from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $2.75 to $2.25 in a research report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $3.78.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.