WESTPORT, Conn., July 31, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) ("CODI" or the "Company"), an owner of leading middle market businesses, announced today its consolidated operating results for the three months ended June 30, 2024. "I'm pleased to announce another strong quarter with results that exceeded our expectations, driven by continued strength in our consumer businesses," said Elias Sabo, CEO of Compass Diversified. "While Q2 saw deteriorating economic conditions that negatively im ...

All-Time High Net Income of $20.7 million All-Time High Adjusted EBITDA of $77.4 million Free Cash Flow Positive for 4 of the Last 5 Quarters Increased Quarterly Market Share to 5.13% NEW YORK, July 31, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by sales volume1 for the third year in a row, announced its financial results for the second quarter ended June 30, 2024. "In light of a quarter where the real esta ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Compass, Inc. (COMP) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On ...

Thank you. And our final question comes from Joe Thomas of HSBC. Your line is open. Please go ahead. Joe Thomas Hi. Good morning. Three questions, if you wouldnÂ't mind, please. Firstly, I think you mentioned that you were talking about new business mobilization in Q4. And I think the implication was that there might have been a bit of a drag on margin in Q4. Could you just clarify whether that is the case and what the scale of that drag might be? And then related to that, the usual question, any update on ...

In conjunction with reporting second quarter 2024 results, CODI will host a conference call at 5:00 p.m. E.T. / 2:00 p.m. PT with the Company's Chief Executive Officer, Elias Sabo, the Company's Chief Financial Officer, Ryan Faulkingham, and Pat Maciariello the Chief Operating Officer of Compass Group Management. A live webcast of the call will be available on the Investor Relations section of CODI's website. To access the call by phone, please go to this link (registration link) and you will be provided wi ...

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The Board also declared a quarterly cash distribution of $0.453125 per share on the Company's 7.250% Series A Preferred Shares (the "Series A Preferred Shares"). The distribution on the Series A Preferred Shares covers the period from, and including, April 30, 2024, up to, but excluding, July 30, 2024. The distribution for such period is payable on July 30, 2024, to all holders of record of Series A Preferred Shares as of July 15, 2024. The Board also declared a quarterly cash distribution of $0.4921875 per ...

Call details are as follows: 1 T. Velt, "eXp, Compass top 2024 RealTrends Verified brokerage rankings for the third year," Online, HW Media, 3/22/24, https://www.housingwire.com/articles/exp-compass-top-2024-realtrends-verified-brokeragerankings-again/ About Compass Compass is the largest residential real estate brokerage in the United States by sales volume. Founded in 2012 and based in New York City, Compass provides an end-to-end platform that empowers its residential real estate agents to deliver except ...

These are just a few of the metrics contributing to CMPGY's Value grade of B and CMG's Value grade of F. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits. Value investors also tend to look at a number of traditio ...

New executive appointment made ahead of pivotal study results, potential regulatory approval and subsequent commercialization of investigational COMP360 psilocybin treatment Latest of several key executive team hires, rounding out team to take Compass through phase 3 and beyond Lori brings multifaceted experience in global pharmaceuticals and joins from Axsome Therapeutics, where she spent nearly five years as a member of the executive team serving as head of commercial and business development and most rec ...