Overview

• Essential minerals provider's fiscal Q2 revenue rose, beating analyst expectations

• Adjusted EBITDA for fiscal Q2 grew 3% yr/yr, driven by Plant Nutrition segment gains

• Company completed new labor agreement at Goderich mine and retired $150 mln in debt

Outlook

• Compass Minerals sees 2026 adjusted EBITDA at $212 mln to $236 mln

• Company raises Plant Nutrition 2026 revenue guidance to $190 mln-$210 mln

• Company lowers Salt segment 2026 adjusted EBITDA guidance to $225 mln-$240 mln

Result Drivers

• SALT VOLUME DECLINE - Lower highway deicing sales volumes weighed on Salt segment revenue and earnings, despite higher average pricing

• PLANT NUTRITION GAINS - Higher sales volumes, improved pricing, and lower per-unit costs drove stronger Plant Nutrition segment margins and earnings

• COST STRUCTURE IMPROVEMENTS - Company cited continued improvements in cost structure, particularly in Plant Nutrition, though mine-level efficiency gains in Salt have lagged expectations

Company press release: ID:nBwbN72zPa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the diversified chemicals peer group is "buy."

• Wall Street's median 12-month price target for Compass Minerals International Inc is $28.00, about 5.8% above its May 6 closing price of $26.46

• The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 30 three months ago

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