Compass Minerals Cuts 2015 EPS Outlook - Quick Facts

(RTTNews) - Compass Minerals International Inc. (CMP) said that extremely mild weather to-date throughout its primary North American service area reduced demand for the company's deicing products in the fourth quarter.

As a result, the company has announced reduced production at its Goderich mine along with a staff reduction of approximately 90 employees.

Lower deicing demand, as well as continued weakness in the plant nutrition business, is expected to drive Compass Minerals' full-year earnings per share below the low end of the prior guidance range of $5.20 to $5.50 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $5.38 per share for fiscal year 2015. Analysts' estimates typically exclude special items.