Compass Minerals Q1 Profit Rises - Quick Facts

(RTTNews) - Compass Minerals International Inc. (CMP) Monday reported first-quarter net earnings of $50.2 million or $1.49 per share, up from $46.4 million or $1.38 per share last year.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $1.42 for the quarter. Analysts' estimates typically exclude special items.

Sales for the quarter rose to $422.0 million from $383.7 million last year. Analysts estimated revenues of $396.25 million for the quarter.

"Severe winter weather in North America drove salt sales volumes to their highest quarterly level since 2008, and our specialty fertilizer segment generated record first-quarter revenue from robust early spring demand for our sulfate of potash products," said CEO Fran Malecha.