Compass (NYSE:COMP) Announces Earnings Results, Misses Estimates By $0.07 EPS

Compass (NYSE:COMPGet Rating) announced its earnings results on Monday. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.07), reports. Compass had a negative return on equity of 49.99% and a negative net margin of 7.01%. The company had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the prior year, the business posted ($0.02) earnings per share. Compass’s revenue for the quarter was up 2.6% compared to the same quarter last year. Compass updated its FY 2022 guidance to EPS and its Q3 2022 guidance to EPS.

Compass Stock Down 0.4 %

Shares of NYSE COMP opened at $4.68 on Tuesday. The stock has a fifty day simple moving average of $4.21 and a 200-day simple moving average of $5.85. Compass has a twelve month low of $3.32 and a twelve month high of $17.36.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on COMP shares. The Goldman Sachs Group cut their price target on Compass from $12.00 to $10.50 and set a “buy” rating for the company in a research note on Tuesday, April 19th. Compass Point started coverage on Compass in a research note on Tuesday, June 21st. They issued a “buy” rating and a $8.00 price target for the company. Zelman & Associates started coverage on Compass in a research note on Friday, April 22nd. They issued a “hold” rating for the company. Oppenheimer cut their price objective on Compass from $9.00 to $8.00 and set an “outperform” rating for the company in a research report on Wednesday, June 15th. Finally, Morgan Stanley lowered Compass from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $7.00 to $5.00 in a research report on Thursday, July 21st. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to, the company has an average rating of “Moderate Buy” and an average target price of $11.06.

About Compass

(Get Rating)

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, as well as brokerage and adjacent services in the real estate industry.

Featured Articles

Earnings History for Compass (NYSE:COMP)

Receive News & Ratings for Compass Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass and related companies with's FREE daily email newsletter.